Metalico Earnings Preview: Get Ahead of the Analysts

Metalico (AMEX:MEA) will report earnings before markets open on Thursday, May 9th. Metalico, Inc. processes ferrous and non-ferrous scrap metal. The Company fabricates lead based products as well and sells its products nationwide to industrial customers.

Here is your Cheat Sheet to Metalico Earnings:

Earnings Expectations: Analysts expect earnings of $0.02 per share on revenues of $150.30 million.

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 $0.03 to a profit $0.02. For the current year, the average estimate is a profit of $0.07, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 818.20 291.73 553.25 660.91 573.64
Diluted EPS ($) -1.25 -0.08 0.29 0.37 -0.28

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 ($) in millions 131.72 164.08 148.21 132.77 128.57
Diluted EPS ($) -0.0647 0.05 0.06 -0.22 -0.1592

Past Performance:
Metalico has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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