General Cable Earnings Preview: Get Ahead of the Analysts

General Cable (NYSE:BGC) will report earnings after markets close on Tuesday, April 30th. General Cable Corporation designs, develops, manufactures, markets, and distributes copper, aluminum, and fiber optic wire and cable products for the communications, electrical, and energy markets. The Company operates around the world.

Here is your Cheat Sheet to General Cable Earnings:

Earnings Expectations: Analysts expect earnings of $0.26 per share on revenues of $1.58 billion. Currently, the company’s P/E ratio stands at 450.54.

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 $0.85 to a profit $0.79. For the current year, the average estimate is a profit of $2.69, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 6,230 4,385 4,865 5,867 6,014
Diluted EPS ($) 3.54 0.75 1.16 1.23 0.07

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 ($) in millions 1,369 1,432 1,478 1,501 1,603
Diluted EPS ($) 0.0115 0.45 0.37 -0.41 -0.3482

Past Performance:
General 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]