RealD 4Q Results: Postgame Scorecard

FOXBusiness

RealD's (NYSE:RLD) net income rose and exceeded Wall Street expectations in the fourth quarter.

Earnings and Revenue The company experienced stronger-than-expected EPS and revenues. The company reported EPS of 10 cents a share versus the loss of 8 cents a share estimate and revenues of $50 million versus the $47 million estimate.

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The company's net income for the quarter was $5.5 million. This is 23.9% higher than the year-ago quarter. Revenue fell 14.5% from $58.5 million in the same period last year.

Company Fundamental Trends

History Against Expectations The company has now topped analyst estimates for at least the last four quarters. It beat by 11 cents in the third quarter, 12 cents in the second quarter and 11 cents in the first quarter.

Official Comment: "We delivered solid profitability in the fourth quarter, as healthy growth in domestic license revenue helped to offset the tough comparison we anticipated overseas versus our very strong international results in the fourth quarter of fiscal 2011," said Michael V. Lewis, Chairman and Chief Executive Officer of RealD. "Importantly, RealD's summer film slate is off to an excellent start in both domestic and international markets. The record-setting opening of The Avengers further demonstrates the strong consumer demand for premium presentations in RealD 3D as well as the compelling economics of 3D filmmaking for our studio and exhibitor partners."

Estimates provided by Zacks Investment Research and company fundamentals from Xignite Financials.

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