Chicago Bridge & Iron Company Earnings Preview: Get Ahead of the Analysts

Chicago Bridge & Iron Company N.v. (NYSE:CBI) will report earnings after markets close on Thursday, May 2nd. Chicago Bridge & Iron Company N.V. engineers and designs, fabricates, erects, and repairs steel plate structures and their associated systems. The Company builds and repairs bulk liquid terminals, storage tanks, process vessels, and low temperature and cryogenic storage facilities.

Here is your Cheat Sheet to Chicago Bridge & Iron Company N.v. Earnings:

Earnings Expectations: Analysts expect earnings of $0.77 per share on revenues of $2.18 billion. Currently, the company’s P/E ratio stands at 17.43.

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 $0.86 to a profit $1.05. For the current year, the average estimate is a profit of $4.23, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Chicago Bridge & Iron Company N.v. has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 5,945 4,557 3,642 4,551 5,485
Diluted EPS ($) -0.22 1.79 2.04 2.55 3.07

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 ($) in millions 1,255 1,201 1,300 1,447 1,537
Diluted EPS ($) 0.7046 0.60 0.74 0.82 0.9123

Past Performance:
Chicago Bridge & Iron Company N.v. has beat analyst estimates 3 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] wallstcheatsheet.com)