Metalico Earnings: Everything You Must Know Now

Metalico Inc (AMEX:MEA) had a loss and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.

Metalico Inc Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased to $-0.06 in the quarter versus EPS of $0.06 in the year-earlier quarter.

Revenue: Decreased 12.29% to $130 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Metalico Inc reported adjusted EPS loss of $0.06 per share. By that measure, the company missed the mean analyst estimate of $-0.01. It missed the average revenue estimate of $139.5 million.

Quoting Management: Commenting on the results for the quarter, Carlos E. Ag├╝ero, Metalico’s President and Chief Executive Officer, said, “We are certainly not pleased with the results, which were impacted by lower commodity selling prices across most product lines. But although pricing and margins were down, we are encouraged that unit volumes held up well and we had another solidly profitable performance from the fabricated lead product segment.”

Key Stats (on next page)…

Revenue decreased 5.59% from $137.7 million in the previous quarter. EPS increased to $-0.06 in the quarter versus EPS of $-0.02 in the previous quarter.

Looking Forward: 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 $0.02 and has not changed. For the current year, the average estimate is a loss of $0.02, which is the same with that ninety days ago.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

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