Metabolix Earnings Preview: Get Ahead of the Analysts
Metabolix (NASDAQ:MBLX) will report earnings after markets close on Wednesday, May 8th. Metabolix, Inc. produces biobased, biodegradable, natural plastics and chemicals.
Here is your Cheat Sheet to Metabolix Earnings:
Earnings Expectations: Analysts expect earnings of $-0.22 per share on revenues of $1.43 million. Currently, the company’s P/E ratio stands at 17.45.
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 loss of $0.21 and has not changed. For the current year, the average estimate is a loss of $0.81, which is worse than the estimate ninety days ago.
Here’s how Metabolix has been performing on an annual basis:
|Revenue ($) in millions||1.56||1.43||0.45||1.43||42.32|
|Diluted EPS ($)||-1.58||-1.62||-1.45||-1.24||0.11|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||0.44||39.32||0.92||0.67||1.40|
|Diluted EPS ($)||-0.2813||0.84||-0.23||-0.23||-0.2774|
Metabolix has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“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] wallstcheatsheet.com)