Carbo Ceramics Earnings: What Investors Should Watch

Carbo Ceramics (NYSE:CRR) will report earnings before markets open on Thursday, July 25th. CARBO Ceramics Inc. produces and supplies ceramic proppants for use in the oil and gas industry. The Company also provides foundry metal casting, and industrial mineral grinding. Carbo has manufacturing plants located worldwide.

Here is your Cheat Sheet to Carbo Ceramics Earnings:

Earnings Expectations: Analysts expect earnings of $0.68 per share on revenues of $145.46 million. Currently, the company’s P/E ratio stands at 19.21.

Analyst Trends:

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 $1.14 to a profit $0.81. For the current year, the average estimate is a profit of $3.12, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Carbo Ceramics has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 388 342 473 626 646
Diluted EPS ($) 4.51 2.27 3.40 5.62 4.59

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 ($) in millions 177.61 151.13 153.62 147.66
Diluted EPS ($) 1.38 1.04 0.86 0.76

Past Performance:
Carbo Ceramics has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]