FutureFuel Earnings: Here’s Why Investors are Buying Shares Now

FutureFuel Corp (NYSE:FF) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 6.58%.

FutureFuel Corp Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 110% to $0.42 in the quarter versus EPS of $0.20 in the year-earlier quarter.

Revenue: Rose 2.77% to $106.1 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: FutureFuel Corp reported adjusted EPS income of $0.42 per share. By that measure, the company beat the mean analyst estimate of $0.27. It beat the average revenue estimate of $99.65 million.

Quoting Management: “We are extremely pleased with our record performance resulting from strong margins in the biofuel segment and solid performance from our chemical segment,” said Lee Mikles, FutureFuel president. “We, like the rest of the biofuel industry, realize the importance that continued support from our legislatures in the Renewable Fuel Mandate and the blenders credit has on our biodiesel business. The chemical pipeline of potential new custom products continues to be strong but we do face challenges in bridging the gap in the volumetric decline of existing chemicals and are diligently working in that effort.”

Key Stats (on next page)…

Revenue increased 15.11% from $92.17 million in the previous quarter. EPS increased 27.27% from $0.33 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.27 and has not changed. For the current year, the average estimate is a profit of $1.1, which is the same with that ninety days ago.

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