TiVo 1Q Earnings Pregame Scorecard
TiVo Inc. will release its latest earnings on Wednesday, May 30.
Expectations Analysts currently expect TiVo to come in with a loss of -15 cents per share on revenues of $54.9 million. Estimates from analysts range from a loss of 19 cents per share to a loss of 12 cents per share. Over the past three months, the average estimate has moved down from a loss of 13 cents.
Last Quarter's Results In the fourth quarter of the last fiscal year, the company swung to a profit of $7.2 million (6 cents a share) from a loss of $34.4 million (30 cents) a year earlier. Revenue rose 19.1% to $66.5 million from $55.8 million.
Stock Ratings Analysts are bullish on the stock as 10 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.
Stock Movement The stock price has been falling recently. The share price has fallen $1.81 since April 25.
Company Fundamental Trends On the top line, the company is looking to build on three-straight revenue increases heading into this earnings announcement. Revenue increased 18.7% in the second quarter of the last fiscal year and 27.4% in the third quarter of the last fiscal year before climbing again in the fourth quarter of the last fiscal year of the last fiscal year. The company will want to build on positive signs from last quarter during the upcoming earnings season. The company suffered losses in the second quarter of the last fiscal year and the third quarter of the last fiscal year, but finished on a high note with income of $7.2 million in the fourth of the last fiscal year.
Summary
Reporting Period: 1Q
Date of Release: Wednesday, May 30
EPS: 15 cents net oss
Revenue Estimate: $54.9 million