Unisys Second Quarter Earnings Sneak Peek

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Unisys Corporation (NYSE:UIS) will unveil its latest earnings on Tuesday, July 24, 2012. Unisys is a worldwide information technology company. The company provides a portfolio of IT services, software, and technology that solves critical problems for clients.

Unisys Corporation Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 48 cents per share, a decline of 48.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 51 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 48 cents during the last month. Analysts are projecting profit to rise by 34.5% compared to last year’s $2.90.

Past Earnings Performance: Last quarter, the company beat estimates by 25 cents, coming in at profit of 46 cents a share versus the estimate of net income of 21 cents a share. It marked the fourth straight quarter of beating estimates.

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A Look Back: In the first quarter, the company swung to a profit of $17.4 million (30 cents a share) from a loss of $39.4 million (95 cents) a year earlier, beating analyst estimates. Revenue rose 1.9% to $928.4 million from $911.2 million.

Stock Price Performance: Between April 23, 2012 and July 18, 2012, the stock price rose $1.44 (8.7%), from $16.48 to $17.92. The stock price saw one of its best stretches over the last year between October 7, 2011 and October 14, 2011, when shares rose for six straight days, increasing 14.9% (+$2.49) over that span. It saw one of its worst periods between March 29, 2012 and April 11, 2012 when shares fell for nine straight days, dropping 16.6% (-$3.29) over that span.

Wall St. Revenue Expectations: On average, analysts predict $912.4 million in revenue this quarter, a decline of 2.6% from the year-ago quarter. Analysts are forecasting total revenue of $3.8 billion for the year, a decline of 1.3% from last year’s revenue of $3.85 billion.

Key Stats:

On the top line, the company is hoping to build on a revenue increase last quarter. Revenue fell 5.7% in the fourth quarter of the last fiscal year after increasing in the first quarter.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 1.42 last quarter. The current ratio is an indication of a firm’s liquidity and ability to meet creditor demands and generally, for every dollar the company owes in the short term, it has that figure available in assets that can be converted to cash in the short term.

Analyst Ratings: There are mostly holds on the stock among the limited number of analysts surveyed with two hold ratings.

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

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