FLIR Systems 2Q Earnings Pregame Scorecard
Having missed analysts' estimates last quarter, FLIR Systems (NASDAQ:FLIR) gets a chance to make up for it as it delivers its latest earnings on Thursday, July 26, 2012.
Expectations
Analysts currently expect FLIR Systems to come in with earnings of 28 cents per share on revenues of $347.7 million. Estimates from analysts range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 40 cents.
Stock Movement
The stock fell $2.67 per share between May 29, 2012 and June 28, 2012. Looking at change over the last three months, April 25, 2012 and July 20, 2012, the stock price fell $4.16 (-17.9%), from $23.29 to $19.13.
Company Fundamental Trends
Stock Ratings
Analysts think investors should stand pat on FLIR Systems with five of nine analysts rating it hold. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.
Last Quarter's Results
In the first quarter, profit fell 6.2% to $48.1 million (31 cents a share) from $51.3 million (32 cents a share) the year earlier, missing analyst expectations. Revenue fell 6.7% to $348.5 million from $373.5 million.
Summary
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012 before market open
EPS: 28 cents
Revenue Estimate: $347.7 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)