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Novellus Systems (NVLS) Earnings Preview For Upcoming Quarterly Earnings Release Date

Robert Weinstein's picture

Novellus Systems, Inc. (NASDAQ:NVLS) is anticipated to report earnings after the closing bell on March 02, 2012.
 

Novellus Systems, Inc., together with its subsidiaries, develops, manufactures, sells, and supports equipment used in the fabrication of integrated circuits. The company was founded in 1984 and is headquartered in San Jose, California.

52 Week High: $49.18
52 Week Low:  $25.95
Book Value:    $14.57
Float Short:    &nbsp10.06%

On average, 15 analysts are expecting a drop of $-0.25 in earnings per share compared to last quarter's results of $0.72. A beat of $0.47 per share , will top the estimated mean earnings. Analyst estimates range between $0.4 and $0.52 per share.

From a month ago, the stock has increased in price 15.45%, with a one year change of 28.84%.

For the same fiscal period year-over-year, revenue has improved to $1.35 billion for 2010 vs. $639.19 million for 2009. The bottom line has rising earnings year-over-year of $262.33 million for 2010 vs. $-85.24 million for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $299.74 million for 2010 vs. $-75.98 million for 2009.

Here is a look at the fiscal year revenue.
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Here is the last few quarters to get an idea how well they perform compared to estimates
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Reported earnings per share compared to the mean estimate. Differences are rounded.

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

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(NASDAQ:NVLS)
Novellus Systems, Inc.
Novellus Systems (NASDAQ:NVLS) Earnings Preview with Paid2Trade