Wednesday Earnings Preview: Boeing, Facebook, Qualcomm, EA, Citrix

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Some large tech companies would be reporting their earnings for the last three months of 2012 tomorrow. From gaming; Electronic Arts Inc. (NASDAQ:EA), processing; QUALCOMM, Inc. (NASDAQ:QCOM), social networking; Facebook Inc (NASDAQ:FB), services; Citrix Systems, Inc. (NASDAQ:CTXS), and, tenuous Aircraft manufacturer, The Boeing Company (NYSE:BA). Here’s what to expect.

Wednesday Earnings Preview: Boeing, Facebook, Qualcomm, EA, Citrix

The Boeing Company (NYSE:BA): Not a tech company, but one facing a lot of tech problems lately. Investors will be looking for the effects of the recent trouble with the Boeing Dreamliner 787 in the earnings report, which is expected at 7:30 am Wednesday morning.

Analysts are expecting the company to post earnings of $1.20 per share for the last three months of 2012, on revenues of $22.3 billion. The company’s earnings in the same three months of 2011 totaled $1.32 per share on revenues of $19.6 billion. The Boeing Company (NYSE:BA) has seen its shares rocked by the problems with its 787, it has been trading with a lot of volatility in the opening weeks of 2013.

The same can be said for the firm’s performance in the last twelve months. Over the period, the firm’s stock has fallen by just more than 1%, vastly trailing the S&P 500. The most important indicator for the company will be its 2013 guidance, and the effects of its Dreamliner problems.

Facebook Inc (NASDAQ:FB): After the market closes, Facebook Inc (NASDAQ:FB) will announce its earnings for the fourth quarter. Analysts are looking for 15 cents per share on revenues of $1.52 billion for the period. This being just the third quarter since the company went public, there are no year previous data to compare.

Yesterday, Facebook Inc (NASDAQ:FB)’s share price rose to its highest level since last June, signalling new confidence in the company as it brings new advertising platforms online and continues to grow its revenue from mobile. This has led to a more than 17% rise in the company’s stock since the first day of trading in 2013.

The most important indicators for Facebook are its Average Revenue Per User, ARPU, and in particular its mobile ARPU, and any detailed guidance for the year ahead the company might release. Analysts will also be studying the report for any sign of weakness, even in the most obscure metrics.

QUALCOMM, Inc. (NASDAQ:QCOM): The chip maker, who specializes in mobile processing, will release its earnings report just as the market closes at 4pm on Wednesday afternoon. The company is expected to report earnings of $1.12 per share on revenues of $5.9 billion.

In the same quarter of 2011, the company announced earnings of 97 cents per share on revenues of $4.7 billion. This is the company’s first quarter for its 2013 fiscal year. QUALCOMM, Inc. (NASDAQ:QCOM) has been performing well in the mobile market, but the weight of expectations on the company has stifled its share price growth.

In the full year of 2012, the firm’s shares just met the S&P 500 gains of 13%. In the opening weeks of 2013, the company’s shares have lagged the index, increasing by just over 2% since trading began.

Electronic Arts Inc. (NASDAQ:EA): After the market closes on Wednesday afternoon, Electronic Arts is expected to announce earnings per share of of 56 cents on revenues of $1.3 billion for the last three months of 2012. The period is the company’s third fiscal quarter.

In the last three months of 2011, the company earned 99 cents per share on revenues of $1.7 billion. The market Electronic Arts Inc. (NASDAQ:EA) operates in a growing one, but it is also one rife with instability. The console market has slowed in recent months, a cyclical slowdown as the market heads toward the release of a new console generation.

In the last three months, the game maker’s stock price has fallen by more than 17%, reaching a low of $10.77 in July, but rebounding in recent months. The company’s stock currently stands at just under $15. Key indicators will be the company’s expectations for its pipeline products, and its expectations for the new generation of consoles.

Citrix Systems, Inc. (NASDAQ:CTXS): The enterprise information technology company Citrix Systems will report its earnings for the fourth quarter of 2012 on Wednesday. Analysts are looking for earnings per share of 84 cents on revenues of $706 million for the period.

In the same three months of 2011, the company posted earnings of 78 cents per share, on revenues of $619 million. The company had a poor 2012, stock crashed in October after the company reduced its Q4 guidance, but recovered steadily in the months since that announcement.

In the opening weeks of 2013, the company’s stock has grown by almost 6%, with investors hoping for some good news in tomorrow’s earnings report. The business Citrix Systems, Inc. (NASDAQ:CTXS) operates in, software and services for business, is a growing one, and one that is projected to grow exponentially in the years to come. That, for analysts, justifies the company’s high valuation.

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