Flextronics International (NASDAQ:FLEX) will report earnings after markets close on Thursday, July 25th. Flextronics International Ltd. provides electronics manufacturing services. The Company’s customers include original equipment manufacturers in the telecommunications, networking, computer, consumer electronics, and medical device industries.
Here is your Cheat Sheet to Flextronics International Earnings:
Earnings Expectations: Analysts expect earnings of $0.14 per share on revenues of $5.47 billion. Currently, the company’s P/E ratio stands at 19.34.
Analyst Trends:
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.21 and has not changed. For the current year, the average estimate is a profit of $0.79, which is worse than the estimate ninety days ago.
Earnings Trends:
Here’s how Flextronics International has been performing on an annual basis:
Fiscal Year | 2009 | 2010 | 2011 | 2012 | 2013 |
Revenue ($) in millions | 30,949 | 24,111 | 28,680 | 29,388 | 23,569 |
Diluted EPS ($) | -7.40 | 0.02 | 0.75 | 0.72 | 0.41 |
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
Quarter | Jun. 30, 2012 | Sep. 30, 2012 | Dec. 31, 2012 | Mar. 31, 2013 |
Revenue ($) in millions | 5,989.54 | 6,174.84 | 6,123.32 | 5,295.32 |
Diluted EPS ($) | 0.19 | 0.22 | 0.04 | -0.04 |
Past Performance:
Flextronics International has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)
Read the original article from The Cheat Sheet