Heckmann Earnings Preview: Get Ahead of the Analysts

Heckmann (NYSE:HEK) will report earnings after markets close on Wednesday, May 8th. Heckmann Corporation is an investment holding company, operating in the water industry. The Company, through its subsidiaries, provide water treatment and disposal services, operate bottling facilities, and transport water through pipelines.

Here is your Cheat Sheet to Heckmann Earnings:

Earnings Expectations: Analysts expect earnings of $-0.01 per share on revenues of $166.88 million. Currently, the company’s P/E ratio stands at 208.24.

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 $0.06 to a profit $0.02. For the current year, the average estimate is a profit of $0.1, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 10.51 3.82 45.69 156.84 351.98
Diluted EPS ($) -0.20 -3.61 -0.14 -0.20 0.02

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 ($) in millions 51.67 54.96 90.77 93.05 113.20
Diluted EPS ($) -0.0209 -0.03 0.07 -0.06 0.0231

Past Performance:
Heckmann has missed analyst estimates 3 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)