Earnings Preview: Nvidia; Kulicke And Soffa; Microsemi Report Results Thursday

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 |  Includes: KLIC, MSCC, NVDA
by: Robert Weinstein

NVIDIA Corporation (NASDAQ:NVDA) is expected to report earnings for last fiscal quarter after the closing bell on November 10, 2011.

NVIDIA Corporation provides visual computing, high performance computing, and mobile computing solutions that generate interactive graphics on various devices ranging from tablets and smart phones to notebooks and workstations. The company was founded in 1993 and is headquartered in Santa Clara, California. NVDA trades an average of 16.1 million shares per day.

52-Week High: $26.17
52-Week Low: $11.47
Book Value: $6.11
Float Short: 6.12%

Analysts are expecting an improvement of $0.01 in earnings per share compared to last quarter's results of $0.25. The estimated mean earnings are $0.26 per share. Analyst estimates range between $0.22 and $0.28 per share.

The current trailing twelve months (ttm) P/E ratio is 16.2 The forward P/E ratio is 15.2. From a month ago, the stock has decreased in price -0.27%, with a change from a year ago of 16.94%. When comparing to the S&P 500, the year-to-date difference is -4.56%.

Investors have been rewarded with an increase of year-over-year revenue. Revenue reported was $3.54 billion for 2011 vs. $3.33 billion for 2010. The bottom line has rising earnings year-over-year of $253.15 million for 2011 vs. $-67.99 million for 2010. The company's earnings before income and taxes are rising, with an EBIT year-over-year of $255.75 million for 2011 vs. $-98.95 million for 2010.

Here is a look at the fiscal year revenue:

paid2trade.com revenue gross bar chart for NVDA Click to enlarge

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

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Jul-11 $ 1.01 B $ 1.02 B $ 10.96 M 1.09%
Apr-11 $ 947.95 M $ 962.04 M $ 14.09 M 1.49%
Jan-11 $ 895.24 M $ 886.38 M $ -8.86 M -0.99%
Oct-10 $ 844.04 M $ 843.81 M $ -0.23 M -0.03%
Jul-10 $ 826.35 M $ 811.21 M $ -15.14 M -1.83%
Click to enlarge
M = millions, B = billions.
Differences are rounded.
Some one-time items are often excluded in reported EPS.

paid2trade.com Quarterly Estimates And Actual EPS results NVDA Click to enlarge

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

The total short interest number of shares for NVDA:

paid2trade.com short interest tool. The total short interest number of shares for NVDA Click to enlarge

The number of days to cover short interest based on average daily trading volume for NVDA.

paid2trade.com number of days to cover short interest based on average daily trading volume for NVDA Click to enlarge

Kulicke and Soffa Industries Inc (NASDAQ:KLIC) is anticipated to report earnings before the opening bell on November 10, 2011.

Kulicke and Soffa Industries, Inc. The company was founded in 1951 and is headquartered in Singapore. KLIC trades an average of 1.2 million shares per day.

52-Week High: $12.72
52-Week Low: $5.63
Book Value: $6.42
Float Short: 5.49%

The reporting quarter's estimated mean earnings are $0.27 per share. Analyst estimates range between $0.25 and $0.28 per share.

Looking at the price movement over the last month, the stock has moved higher in price 10.68%, and 45.84% from one year ago. The stock has done very well ompared to the overall market. When comparing to the S&P 500, the year-to-date difference is 33.52%.

For the same fiscal period year-over-year, revenue has improved to $762.78 million for 2010 vs. $225.24 million for 2009. The bottom line has rising earnings year-over-year of $142.14 million for 2010 vs. $-41.60 million for 2009. The company's earnings before income and taxes are rising, with an EBIT year-over-year of $148.04 million for 2010 vs. $-73.52 million for 2009.

Here is a look at the fiscal year revenue:

paid2trade.com revenue gross bar chart for KLIC Click to enlarge

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

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Jun-11 $ 263.48 M $ 294.44 M $ 30.96 M 11.75%
Mar-11 $ 188.27 M $ 206.73 M $ 18.46 M 9.81%
Dec-10 $ 148.40 M $ 148.86 M $ 0.46 M 0.31%
Sep-10 $ 260.00 M $ 259.28 M $ -0.72 M -0.28%
Jun-10 $ 205.43 M $ 221.25 M $ 15.82 M 7.7%
Click to enlarge
M = millions, B = billions.

The total short interest number of shares for KLIC:

paid2trade.com short interest tool. The total short interest number of shares for KLIC Click to enlarge

The number of days to cover short interest based on average daily trading volume for KLIC.

paid2trade.com number of days to cover short interest based on average daily trading volume for KLIC Click to enlarge

Microsemi Corporation (NASDAQ:MSCC) is anticipated to report earnings after the closing bell on November 10, 2011.

Microsemi Corporation engages in the design, manufacture, and marketing of analog and mixed-signal integrated circuits and semiconductors primarily in the United States, as well as in Europe and Asia. The company was founded in 1960 and is headquartered in Aliso Viejo, California.

52-Week High: $24.96
52-Week Low: $14.49
Book Value: $9.71
Float Short: 4.69%

On average, analysts are expecting a drop of $-0.03 in earnings per share compared to last quarter's results of $0.49. Investors will be looking to see a number north of $0.46 per share, based on the earnings estimates.

The P/E ratio has dropped, as the current trailing twelve months (ttm) P/E ratio is 79.8, while the forward P/E ratio is now 11.8. An upside earnings report may put a lot of wind in the sails. From a month ago, the stock has increased in price 4.02%, with a change from a year ago of -13.27%. When comparing to the S&P 500, the year-to-date difference is -20.05%.

Revenue year-over-year has increased to $518.27 million for 2010 vs. $452.97 million for 2009. The bottom line has rising earnings year-over-year of $59.04 million for 2010 vs. $-26.82 million for 2009. The company's earnings before income and taxes are rising, with an EBIT year-over-year of $55.88 million for 2010 vs. $-10.07 million for 2009.

Here is a look at the fiscal year revenue:

paid2trade.com revenue gross bar chart for MSCC Click to enlarge

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

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Jun-11 $ 215.25 M $ 216.72 M $ 1.47 M 0.68%
Mar-11 $ 205.58 M $ 207.49 M $ 1.91 M 0.93%
Dec-10 $ 183.83 M $ 184.35 M $ 0.52 M 0.28%
Sep-10 $ 147.06 M $ 151.20 M $ 4.14 M 2.82%
Jun-10 $ 129.54 M $ 136.02 M $ 6.48 M 5%
Click to enlarge
M = millions, B = billions.
Differences are rounded.
Some one-time items are often excluded in reported EPS.

paid2trade.com Quarterly Estimates And Actual EPS results MSCC Click to enlarge

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

The total short interest number of shares for MSCC:

paid2trade.com short interest tool. The total short interest number of shares for MSCC Click to enlarge

The number of days to cover short interest based on average daily trading volume for MSCC.

paid2trade.com number of days to cover short interest based on average daily trading volume for MSCC Click to enlarge

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the confirmed symbols from earnings.com that I believe to be of the most interest.

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