Abb Earnings Preview: Can This Streak Finally End?
Abb (NYSE:ABB) will report earnings before markets open on Thursday, July 25th. ABB Limited provides power and automation technologies. The Company operates under segments that include power products, power systems, automation products, process automation and robotics.
Here is your Cheat Sheet to Abb Earnings:
Earnings Expectations: Analysts expect earnings of $0.35 per share on revenues of $10.29 billion. Currently, the company’s P/E ratio stands at 19.45.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.4 to a profit $0.37. For the current year, the average estimate is a profit of $1.48, which is worse than the estimate ninety days ago.
Here’s how Abb has been performing on an annual basis:
|Revenue ($) in millions||34,912||31,795||31,589||37,990||39,336|
|Diluted EPS ($)||1.36||1.27||1.12||1.38||1.18|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||9,663.00||9,745.00||11,021.00||9,715.00|
|Diluted EPS ($)||0.29||0.33||0.26||0.29|
Abb has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)