Circor International Earnings Preview: Can This Streak Continue?

Circor International (NYSE:CIR) will report earnings before markets open on Thursday, May 2nd. CIRCOR International, Inc. designs, manufactures, and distributes an array of valves and related products and services to a variety of end-markets located worldwide. The Company’s products optimize the efficiency and/or ensure the safety of fluid-control systems. CIRCOR manufactures primarily instrumentation and fluid regulation products, and petrochemical products.

Here is your Cheat Sheet to Circor International Earnings:

Earnings Expectations: Analysts expect earnings of $0.51 per share on revenues of $204.22 million. Currently, the company’s P/E ratio stands at 26.95.

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 $0.72 to a profit $0.67. For the current year, the average estimate is a profit of $2.73, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 793.82 642.62 685.91 822.35 845.55
Diluted EPS ($) -3.51 0.34 0.73 2.10 1.76

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 ($) in millions 217.11 214.28 219.86 209.80 201.61
Diluted EPS ($) 0.5900 0.49 0.64 0.11 0.5262

Past Performance:
Circor International 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] wallstcheatsheet.com)