Briggs & Stratton Earnings: What Investors Should Watch
Briggs & Stratton (NYSE:BGG) will report earnings before markets open on Thursday, August 15th. Briggs & Stratton Corporation designs, manufactures, markets, and services air cooled gasoline engines for outdoor power equipment. The Company’s engines are aluminum alloy gasoline engines ranging from three to 25 horsepower. Briggs & Stratton markets and services its products to original equipment manufacturers worldwide.
Here is your Cheat Sheet to Briggs & Stratton Earnings:
Earnings Expectations: Analysts expect earnings of $0.19 per share on revenues of $474.97 million. Currently, the company’s P/E ratio stands at 79.17.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a loss of $0.23 to a loss $0.17. For the current year, the average estimate is a profit of $0.89, which is worse than the estimate ninety days ago.
Here’s how Briggs & Stratton has been performing on an annual basis:
|Revenue ($) in millions||2,092||2,028||2,110||2,067|
|Diluted EPS ($)||0.64||0.73||0.48||0.57|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||501.19||309.02||439.07||637.26|
|Diluted EPS ($)||-0.18||-0.35||-0.02||0.78|
Briggs & Stratton has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)