Cytec Industries Earnings: Your Sneak Peek to the Big Announcement

Cytec Industries (NYSE:CYT) will report earnings after markets close on Thursday, July 18th. Cytec Industries Inc. develops, manufactures, and markets specialty chemicals, specialty materials, and building block chemicals. The Company serves various end users including aerospace, plastics, coatings, mining, paper, water treatment, and automotive industries.

Here is your Cheat Sheet to Cytec Industries Earnings:

Earnings Expectations: Analysts expect earnings of $1.23 per share on revenues of $502.60 million. Currently, the company’s P/E ratio stands at 21.66.

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 $1.39 to a profit $1.38. For the current year, the average estimate is a profit of $4.77, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 3,640 2,790 2,748 3,073 1,708
Diluted EPS ($) -4.16 -0.05 3.46 4.24 4.02

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

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 404.00 455.40 470.70 477.40
Diluted EPS ($) 0.76 1.13 0.99 0.73

Past Performance:
Cytec Industries has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

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

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