AK Steel Holding Corp Fourth Quarter Earnings Sneak Peek

AK Steel Holding Corporation (NYSE:AKS) will unveil its latest earnings tomorrow, Tuesday, January 29, 2013. AK Steel Holding is a holding company of AK Steel Corporation. The steelmaker makes such products as flat-rolled carbon, stainless and electrical steels, and aluminum-coated stainless steel. .

AK Steel Holding Corporation Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for a loss of 35 cents per share, a wider loss from the year-earlier quarter net loss of 25 cents. During the past three months, the average estimate has moved down from a loss of 20 cents. Between one and three months ago, the average estimate moved down. It has risen from a loss of 37 cents during the last month. Analysts are projecting net loss of 61 cents per share versus net income of 17 cents last year.

Past Earnings Performance: The company is looking to top estimates for the third straight quarter. Last quarter, it reported a loss of 25 cents per share against a mean estimate of net loss of 38 cents, and the quarter before, the company exceeded forecasts by 4 cents with profit of 10 cents versus a mean estimate of net income of 6 cents.

Start 2013 better than ever by saving time and making money with your Limited Time Offer for our highly-acclaimed Stock Picker Newsletter. Click here for our fresh Feature Stock Pick now!

A Look Back: In the third quarter, the company’s loss widened to a loss of a $60.9 million (55 cents a share) from a loss of $3.5 million (3 cents) a year earlier, but beat analyst expectations. Revenue fell 7.7% to $1.46 billion from $1.59 billion.

Here’s how AK Steel Holding Corp traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week:

aks

Wall St. Revenue Expectations: Analysts predict a decline of 6% in revenue from the year-earlier quarter to $1.42 billion.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 1.47 last quarter. The current ratio is an indication of a firm’s liquidity and ability to meet creditor demands and generally, for every dollar the company owes in the short term, it has that figure available in assets that can be converted to cash in the short term.

Key Stats:

On the top line, the company is hoping to use this earnings announcement to snap a string of three-straight quarters of revenue declines. Revenue fell 4.6% in the first quarter and 14.1% in second quarter before falling again in the third quarter.

Analyst Ratings: There are mostly holds on the stock with eight of 13 analysts surveyed giving that rating.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute — click here and get our CHEAT SHEET stock picks now.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)