Earnings Preview: iRobot, Illumina, Apple, Electronic Arts, Pzena

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Tuesday brings us more earnings reports from major companies. This week we’re expecting the latest results from iRobot Corporation (NASDAQ:IRBT), Illumina, Inc. (NASDAQ:ILMN), Apple Inc. (NASDAQ:AAPL), Electronic Arts Inc. (NASDAQ:EA) and Pzena Investment Management, Inc. (NYSE:PZN).

Earnings Preview: iRobot, Illumina, Apple, Electronic Arts, Pzena

iRobot Corporation (IRBT) Earnings Estimates

Analysts are expecting iRobot Corporation (NASDAQ:IRBT) to report between 17 and 20 cents per share. Revenue is expected to come in at $128.9 million. Full-year earnings are projected to be 95 cents on full-year revenue of $492 million.

The company has posted significant positive surprises in each of the last five quarters. Analysts listed with Zacks who are covering iRobot Corporation (NASDAQ:IRBT) haven’t changed their estimates for the company at all in the last 60 days.

Illumina, Inc. (ILMN)

Consensus estimates for Illumina, Inc. (NASDAQ:ILMN) indicate that the company is expected to report earnings of 39 to 40 cents per share on second quarter revenue of $331.77 million. Full-year earnings are expected to be $1.68 per share on full-year revenue of $1.4 billion.

Illumina, Inc. (NASDAQ:ILMN) has posted solid results in each of the last five quarters. Four Zacks-listed analysts have revised their estimates for the company downward in the last 30 days, while two have raised their estimates in the last 30 days.

Apple Inc. (AAPL)

Of course Apple Inc. (NASDAQ:AAPL) is one of the most talked-about stocks, and estimates range from $7.30 per share to $7.33 per share for the company’s third fiscal quarter. Revenue is expected to be $35 billion for the quarter. Full-year earnings per share are expected to be $39.41 on full-year revenue of $171 billion.

According to research from Zacks, estimates for Apple Inc. (NASDAQ:AAPL) have fallen over time. Ninety days ago, analysts were expecting the company to report earnings of $8.98 per share, but that estimate dropped to $7.33 per share 60 days ago. It fell to $7.31 per share seven days ago.

Electronic Arts Inc. (EA)

Consensus estimates for Electronic Arts Inc. (NASDAQ:EA) range from a loss of 73 cents per share to a loss of 60 cents per share. Revenue for the quarter is expected to be $454 million. Full-year earnings per share are expected to be $1.21 on full-year revenue of $4 billion.

The company missed expectations in the last quarter, but it came out ahead in the four quarters prior to that. Research from Zacks shows that analysts haven’t changed their estimates at all in the last 60 days.

Pzena Investment Management, Inc. (PZN)

Analysts are expecting Pzena Investment Management, Inc. (NYSE:PZN) to report second quarter earnings of 9 cents per share on revenue of $22.2 million. The firm hasn’t had such a great track record in meeting or surpassing expectations. It missed in three of the last five quarters and was in line in the other two.

Consensus for Pzena Investment Management, Inc. (NYSE:PZN)’s second quarter earnings hasn’t changed much over the last 60 days, according to Zacks.

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