Federal-mogul Earnings Preview: Can This Streak Finally End?

Federal-mogul (NASDAQ:FDML) will report earnings before markets open on Wednesday, April 24th. Federal-Mogul Corporation supplies products, services and solutions to automotive, light commercial, heavy-duty truck, off-highway, agricultural, marine, rail, and industrial markets. The Company provides powertrain, vehicle safety, engine, sealing, steering, braking, service and other energy solutions.

Here is your Cheat Sheet to Federal-mogul Earnings:

Earnings Expectations: Analysts expect earnings of $-0.30 per share on revenues of $1.74 billion.

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 $0.3 to a loss $0.17. For the current year, the average estimate is a loss of $0.44, which is worse than the estimate ninety days ago.

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Earnings Trends:

Here’s how Federal-mogul has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 6,866 5,330 6,219 6,910 6,664
Diluted EPS ($) -4.69 -0.46 1.62 -0.91 -1.18

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 ($) in millions 1,654 1,764 1,704 1,602 1,594
Diluted EPS ($) -2.40 0.32 -0.60 -0.11 -0.79

Past Performance:
Federal-mogul has missed analyst estimates 4 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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