Lear Earnings Preview: Can This Streak Continue?

Lear (NYSE:LEA) will report earnings before markets open on Thursday, April 25th. Lear Corporation manufactures automobile parts. The Company produces seating systems; wiring harnesses; terminals; connectors; junction boxes; body control electronics; wireless products; and audio systems.

Here is your Cheat Sheet to Lear Earnings:

Earnings Expectations: Analysts expect earnings of $1.09 per share on revenues of $3.68 billion. Currently, the company’s P/E ratio stands at 3.97.

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 $1.35 to a profit $1.24. For the current year, the average estimate is a profit of $4.86, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 13,570 9,740 11,950 14,160 14,570
Diluted EPS ($) -4.465 -5.04 4.05 5.08 12.85

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 ($) in millions 3,508 3,644 3,665 3,539 3,719
Diluted EPS ($) 1.04 1.32 1.45 1.23 8.85

Past Performance:
Lear has beat analyst estimates 4 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] wallstcheatsheet.com)