Coleman Cable Earnings Preview: Get Ahead of the Analysts

Coleman Cable (NASDAQ:CCIX) will report earnings after markets close on Thursday, May 9th. Coleman Cable Inc. manufactures electrical and electronic wire and cable products. The Company’s products range from coaxial cables used to connect audio and video devices to automotive spark plug wires and battery cables.

Here is your Cheat Sheet to Coleman Cable Earnings:

Earnings Expectations: Analysts expect earnings of $0.30 per share on revenues of $221.57 million. Currently, the company’s P/E ratio stands at 11.02.

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 $0.48 to a profit $0.39. For the current year, the average estimate is a profit of $1.53, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 972.97 504.15 703.76 867.36 914.58
Diluted EPS ($) -1.68 -3.99 0.21 0.99 1.34

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 ($) in millions 206.85 220.49 231.23 229.30 233.56
Diluted EPS ($) 0.0792 0.21 0.44 0.31 0.3856

Past Performance:
Coleman Cable 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]