TiVo Third Quarter Earnings Sneak Peek

  Google+ | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

TiVo Inc. (NASDAQ:TIVO) will unveil its latest earnings on Wednesday, November 28, 2012. Tivo is a provider of technology and services for digital video recorders.

TiVo Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for a loss of 23 cents per share, a wider loss from the year-earlier quarter net loss of 21 cents. During the past three months, the average estimate has moved down from a loss of 17 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at a loss of 23 cents during the last month.

Past Earnings Performance: The company fell in line with estimates last quarter after missing in the prior quarter. After falling short of the mean estimate by 2 cents in the first quarter, the company fell in line with expectations by reporting net loss of 23 cents last quarter.

Earnings season is back and more important than ever. Get our newest CHEAT SHEET stock picks now

A Look Back: In the second quarter, the company’s loss widened to a loss of a $27.7 million (23 cents a share) from a loss of $19.6 million (17 cents) a year earlier, meeting analyst expectations. Revenue rose 6.7% to $65.3 million from $61.2 million.

Wall St. Revenue Expectations: On average, analysts predict $60.1 million in revenue this quarter, a rise of 16% from the year-ago quarter. Analysts are forecasting total revenue of $232.8 million for the year, a rise of 22.3% from last year’s revenue of $190.3 million.

Analyst Ratings: With 12 analysts rating the stock a buy, none rating it a sell and one rating the stock a hold, there are indications of a bullish stance by analysts.

Key Stats:

On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 27.4% in the third quarter of the last fiscal year, 19.1% in the fourth quarter of the last fiscal year and 48.1% in the first quarter before increasing again in the second quarter.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 4.51 last quarter. Having a ratio above 2:1 is usually considered a good indicator of a company’s liquidity and ability to meet creditor demands.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute — click here and get our CHEAT SHEET stock picks now.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business