Earnings Preview: Magma Design Automation, MICROS Systems Report Results Thursday

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 |  Includes: LAVA, MCRS
by: Robert Weinstein

Magma Design Automation, Inc. (NASDAQ:LAVA) is due to report earnings after the closing bell on Thursday, August 25.

Overview

LAVA trades an average of 1.01 million shares per day. Magma Design Automation, Inc. provides electronic design automation software products and related services. The company was founded in 1997 and is headquartered in San Jose, California.

Recent Price: $5.13

52 Week High: $8.49

52 Week Low: $2.82

Book Value: $0.35

On average, three analysts are expecting a drop of $-0.02 in earnings per share compared to last quarter's results of $0.09. Investors will be looking to see a number north of $0.07 per share, based on the earnings estimates. Analyst estimates range between $0.07 and $0.08 per share. Looking at the price movement over the last month, the stock has fallen in price -35.75 %, in the last quarter, it has returned -6.47%, with a one year change of 78.75%.

Comparing to the S&P 500 price changes, the price performances are -24.30% vs. the S&P 500 from a month ago, -6.83% vs. the S&P 500 from six months ago, and the year to date difference is 12.90% vs. the S&P 500 price change.

The company has rising revenue year-over-year of $139.29 million for 2011 vs. $123.08 million for 2010. The bottom line has falling earnings year-over-year of $-3.26 million for 2011 vs. $0.00 million for 2010.

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Apr-11 $ 35.70 M $ 38.04 M $ 2.34 M 6.55%
Jan-11 $ 34.30 M $ 34.76 M $ 0.46 M 1.34%
Oct-10 $ 33.33 M $ 33.93 M $ 0.60 M 1.8%
Jul-10 $ 31.10 M $ 32.56 M $ 1.46 M 4.69%
Apr-10 $ 32.93 M $ 33.61 M $ 0.68 M 2.06%
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M = millions, B = billions

Reported earnings per share compared to the mean estimate. Differences are rounded.

Fiscal Quarter Ending Month-Year Estimate Actual Difference Difference %
Apr-11 0.08 0.09 0.01 12.5%
Jan-11 0.07 0.08 0.01 14.29%
Oct-10 0.06 0.07 0.01 16.67%
Jul-10 0.03 0.05 0.02 66.67%
Apr-10 0.04 0.06 0.02 50%
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(Some onetime items are often excluded in reported EPS)

MICROS Systems, Inc. (NASDAQ:MCRS) is due to report earnings after the closing bell on Thursday, August 25.

Overview

MICROS Systems, Inc. designs, manufactures, markets, and services enterprise information solutions for the hospitality and specialty retail industries. The company was founded in 1977 and is headquartered in Columbia, Maryland.

Recent Price: $39.51

52 Week High: $53.36

52 Week Low: $34.88

Book Value: $12.05

On average, 8 analysts are expecting a drop of $-0.02 in earnings per share compared to last quarter's results of $0.49. Investors will be looking to top $0.47 per share, based on the estimated mean earnings. Analyst estimates range between $0.45 and $0.51 per share. The current trailing twelve months (ttm) P/E ratio is 23.92. In the last month, the stock has decreased in price -22.51 %, in the last quarter, it has returned -7.06%, with a one year change of 10.43%.

Comparing to the S&P 500 price changes, the price performances are -8.71% vs. the S&P 500 from a month ago, -3.75% vs. the S&P 500 from six months ago, and the year to date difference is -0.20% vs. the S&P 500 price change.

The company has rising revenue year-over-year of $914.32 million for 2010 vs. $907.73 million for 2009. The bottom line has rising earnings year-over-year of $114.35 million for 2010 vs. $96.29 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $167.97 million for 2010 vs. $140.84 million for 2009.

Revenue growth is at an annual rate of 0.73%.

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Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Mar-11 $ 252.20 M $ 253.19 M $ 0.99 M 0.39%
Dec-10 $ 245.63 M $ 247.12 M $ 1.49 M 0.61%
Sep-10 $ 233.31 M $ 233.41 M $ 0.10 M 0.04%
Jun-10 $ 244.25 M $ 248.22 M $ 3.97 M 1.63%
Mar-10 $ 227.56 M $ 229.05 M $ 1.49 M 0.65%
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M = millions, B = billions

Reported earnings per share compared to the mean estimate. Differences are rounded.

Fiscal Quarter Ending Month-Year Estimate Actual Difference Difference %
Mar-11 0.44 0.49 0.05 11.36%
Dec-10 0.41 0.45 0.04 9.76%
Sep-10 0.37 0.41 0.04 10.81%
Jun-10 0.41 0.49 0.08 19.51%
Mar-10 0.35 0.39 0.04 11.43%
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(Some onetime items are often excluded in reported EPS)

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.