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.
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 $2.73, which is worse than the estimate ninety days ago.
Here’s how Circor International has been performing on an annual basis:
|Revenue ($) 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|
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)