OmniVision Technologies, Inc. (OVTI) is anticipated to report earnings after the closing bell on November 29, 2011.
OmniVision Technologies, Inc. engages in designing, developing, and marketing semiconductor image-sensor devices worldwide. The company was founded in 1995 and is headquartered in Santa Clara, California. OVTI trades an average of 3.2 million shares per day.
52-Week High: $37.04
52-Week Low: $10.83
Book Value: $13.67
Float Short: 11.17%
On average, analysts are expecting a drop of $-0.51 in earnings per share compared to last quarter's results of $0.76. A beat of $0.25 per share, will top the estimated per share earnings. Analyst estimates range between $0.16 and $0.50 per share.
In the last month, the stock has decreased in price -32.40%, with a change from a year ago of -61.62%. When comparing to the S&P 500, the year-to-date difference is -59.43%.
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 interest and taxes are rising, with an EBIT year-over-year of $125.91 million for 2011 vs. $6.49 million for 2010.
Here is a look at the fiscal year revenue:
Gross reported revenue compared to the mean estimate (rounded):
|Fiscal Quarter Ending Month-Year||Revenue Estimates||Actual||$ Difference||Difference %|
|Jul-11||$ 276.62 M||$ 276.07 M||$ -0.55 M||-0.2%|
|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%|
M = millions, B = billions.
Differences are rounded.
Some one-time items are often excluded in reported EPS.
Reported earnings per share compared to the mean estimate. Differences are rounded.
The total short interest number of shares for OVTI:
The number of days to cover short interest based on average daily trading volume for OVTI:
Thank you for reading my article. Please also feel free to share your thoughts and comments.
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.