Headwaters Inc. First Quarter Earnings Sneak Peek

Headwaters, Inc. (NYSE:HW) will unveil its latest earnings on Tuesday, January 31, 2012. Headwaters provides products, technologies and services in three industries: light building products, heavy construction materials and energy technology.

Headwaters, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for a loss of 13 cents per share, a narrower loss from the year earlier quarter net loss of 34 cents. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month.

Past Earnings Performance: The company beat estimates last quarter after falling short in the prior two. In the fourth quarter of the last fiscal year, the company reported net income of 7 cents per share versus a mean estimate of profit of 6 cents per share. In the third quarter of the last fiscal year, the company missed estimates by 9 cents.

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Wall St. Revenue Expectations: On average, analysts predict $139.5 million in revenue this quarter, a decline of 9.8% from the year ago quarter. Analysts are forecasting total revenue of $599.9 million for the year, a rise of 1.3% from last year’s revenue of $592 million.

Analyst Ratings: Analysts are bullish on this stock with three analysts rating it as a buy, none rating it as a sell and one rating it as a hold.

A Look Back: In the fourth quarter of the last fiscal year, the company’s loss widened to a loss of a $46.7 million (77 cents a share) from a loss of $24.1 million (41 cents) a year earlier, but beat analyst expectations. Revenue fell 29.2% to $137.9 million from $194.7 million.

Competitors to Watch: PGT, Inc. (NASDAQ:PGTI), NCI Building Systems, Inc. (NYSE:NCS), Apogee Enterprises, Inc. (NASDAQ:APOG), Armstrong World Industries, Inc. (NYSE:AWI), Owens Corning (NYSE:OC), Griffon Corporation (NYSE:GFF), Patrick Industries, Inc. (NASDAQ:PATK).

Stock Price Performance: During October 27, 2011 to January 25, 2012, the stock price had risen 48 cents (24.1%) from $1.99 to $2.47. The stock price saw one of its best stretches over the last year between March 28, 2011 and April 4, 2011 when shares rose for six-straight days, rising 8.6% (+49 cents) over that span. It saw one of its worst periods between May 31, 2011 and June 13, 2011 when shares fell for 10-straight days, falling 20.5% (-75 cents) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com