Electronic components and systems provider OSI Systems (NASDAQ:OSIS) will be reporting earnings tomorrow before market open. Here’s what to look for.

OSI Systems beat analysts’ revenue expectations by 2.9% last quarter, reporting revenues of $480.9 million, up 16.8% year on year. It was a very strong quarter for the company, with an impressive beat of analysts’ Security revenue estimates and optimistic earnings guidance for the full year.

Is OSI Systems a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting OSI Systems’s revenue to grow 14.1% year on year to $318.7 million, improving from the 4.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.08 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. OSI Systems has missed Wall Street’s revenue estimates three times over the last two years.

Looking at OSI Systems’s peers in the electrical equipment segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Acuity Brands delivered year-on-year revenue growth of 2.2%, meeting analysts’ expectations, and Vicor reported a revenue decline of 13.6%, topping estimates by 9.3%. Acuity Brands traded up 9% following the results.

Read our full analysis of Acuity Brands’s results here and Vicor’s results here.

Investors in the electrical equipment segment have had steady hands going into earnings, with share prices flat over the last month. OSI Systems is down 4.3% during the same time and is heading into earnings with an average analyst price target of $176.33 (compared to the current share price of $140.59).

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