Medical Action Industries Earnings: What Investors Should Watch

Medical Action Industries (NASDAQ:MDCI) will report earnings before markets open on Tuesday, June 11th. Medical Action Industries Inc. develops, manufactures, markets, and distributes a variety of disposable surgical related products. The Company’s products include disposable laparotomy sponges, operating room towels, burn dressings, kit and tray products, and surgical marking pens, among others.

Here is your Cheat Sheet to Medical Action Industries Earnings:

Earnings Expectations: Analysts expect earnings of $0.10 per share on revenues of $110.03 million.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.12 and has not changed. For the current year, the average estimate is a profit of $0.23, which is the same as the estimate ninety days ago.

Earnings Trends:

Here’s how Medical Action Industries has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012
Revenue ($) in millions 296 290 362 437
Diluted EPS ($) 0.31 1.03 0.27 0.01

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 108.22 112.24 112.10 109.40
Diluted EPS ($) -0.15 -0.01 0.00 -3.39

Past Performance:
Medical Action Industries has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]