Carefusion Earnings Preview: Can This Streak Continue?

Carefusion (NYSE:CFN) will report earnings after markets close on Thursday, May 9th. CareFusion Corporation provides health care products and services. The Company offers products that focus on breaking the cycle of harmful medication errors and reducing hospital acquired infections. CareFusion’s products include IV pumps, automated dispensing and patient identification systems, electronic infection surveillance service, and ventilation and respiratory products.

Here is your Cheat Sheet to Carefusion Earnings:

Earnings Expectations: Analysts expect earnings of $0.53 per share on revenues of $909.16 million. Currently, the company’s P/E ratio stands at 23.51.

Analyst Trends:

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 profit of $0.64 to a profit $0.65. For the current year, the average estimate is a profit of $2.15, which is the same as the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 4,518 3,595 3,377 3,440 3,598
Diluted EPS ($) 2.58 0.87 1.10 1.30

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 890.00 919.00 965.00 837.00 909.00
Diluted EPS ($) 0.42 0.13 0.4460 0.37 0.48

Past Performance:
Carefusion has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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