Earnings Preview: OmniVision Technologies Reports Q1 Results Thursday

OmniVision Technologies, Inc. (NASDAQ:OVTI) is due to report earnings after the closing bell on Thursday, August 25.


OVTI trades an average of 2.4 million shares per day. OmniVision Technologies, Inc. designs, develops, and markets semiconductor image-sensor devices. The company was founded in 1995 and is based in Santa Clara, California.

Recent Price: $23.83

52 Week High: $37.05

52 Week Low: $18.42

Book Value: $12.96

On average, nine analysts are expecting a drop of $-0.03 in earnings per share compared to last quarter's results of $0.66. Investors will be looking to see a number north of $0.63 per share, based on the earnings estimates. Analyst estimates range between $0.6 and $0.66 per share. The current trailing twelve months (ttm) P/E ratio is 11.42. In the last month, the stock has decreased in price -26.01 %, in the last quarter, it has returned -18.40%, with a one year change of 12.10%.

Comparing to the S&P 500 price changes, the price performances are -12.83% vs. the S&P 500 from a month ago, 1.57% vs. the S&P 500 from six months ago, and the year to date difference is -10.30% vs. the S&P 500 price change.

The company has rising revenue year-over-year of $956.48 million for 2011 vs. $602.99 million for 2010. The bottom line has rising earnings year-over-year of $124.48 million for 2011 vs. $6.72 million for 2010. The company's earnings before income and taxes are rising with an EBIT year-over-year of $125.91 million for 2011 vs. $6.49 million for 2010.

Annually, revenue is growing at a rate of 58.62%.

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

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Apr-11 $ 254.91 M $ 258.27 M $ 3.36 M 1.32%
Jan-11 $ 242.18 M $ 265.68 M $ 23.50 M 9.7%
Oct-10 $ 232.60 M $ 239.46 M $ 6.86 M 2.95%
Jul-10 $ 204.09 M $ 193.07 M $ -11.02 M -5.4%
Apr-10 $ 154.67 M $ 157.15 M $ 2.48 M 1.6%
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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 0.65 0.66 0.01 1.54%
Jan-11 0.58 0.84 0.26 44.83%
Oct-10 0.52 0.58 0.06 11.54%
Jul-10 0.35 0.39 0.04 11.43%
Apr-10 0.17 0.18 0.01 5.88%
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(Some onetime items are often excluded in reported EPS)

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