Tyler Technologies Earnings Preview: Get Ahead of the Analysts

Tyler Technologies (NYSE:TYL) will report earnings after markets close on Wednesday, July 24th. Tyler Technologies, Inc. provides end-to-end information management solutions and services for local governments. The Company’s client base includes local government offices throughout the United States, Canada, Puerto Rico, and the United Kingdom.

Here is your Cheat Sheet to Tyler Technologies Earnings:

Earnings Expectations: Analysts expect earnings of $0.36 per share on revenues of $103.20 million. Currently, the company’s P/E ratio stands at 69.87.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.4 to a profit $0.39. For the current year, the average estimate is a profit of $1.48, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Tyler Technologies has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 265 290 289 309 363
Diluted EPS ($) 0.38 0.74 0.71 0.83 1.00

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 91.37 93.85 95.37 95.80
Diluted EPS ($) 0.22 0.33 0.28 0.25

Past Performance:
Tyler Technologies has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)