IESI-BFC Earnings Preview: Can This Streak Finally End?

IESI-BFC (NYSE:BIN) will report earnings before markets open on Wednesday, May 1st. IESI-BFC Ltd. provides non-hazardous solid waste collection and landfill disposal services for commercial, industrial and residential customers in British Columbia, Alberta, Manitoba, Ontario and Quebec. The Company also serves customers in the southern and northeastern regions of the United States.

Here is your Cheat Sheet to Iesi-bfc Earnings:

Earnings Expectations: Analysts expect earnings of $0.20 per share on revenues of $467.26 million. Currently, the company’s P/E ratio stands at 25.49.

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 $0.29 to a profit $0.26. For the current year, the average estimate is a profit of $1.01, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Iesi-bfc has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,047 1,008 1,430 1,840 1,897
Diluted EPS ($) 0.80 0.63 0.76 -1.63 0.81

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 ($) in millions 457.21 438.28 475.44 487.21 495.82
Diluted EPS ($) -2.48 0.19 0.24 0.28 0.10

Past Performance:
Iesi-bfc 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]