Newpark Resources Earnings Preview: Get Ahead of the Analysts

Newpark Resources (NYSE:NR) will report earnings after markets close on Thursday, April 25th. Newpark Resources, Inc. provides environmental services to the oil and gas exploration and production industry, primarily in the Gulf Coast market. Services include processing and disposal of oilfield exploration and production waste and drilling fluids, along with associated engineering and technical services, and fluids processing and recycling services at the rig site.

Here is your Cheat Sheet to Newpark Resources Earnings:

Earnings Expectations: Analysts expect earnings of $0.17 per share on revenues of $278.61 million. Currently, the company’s P/E ratio stands at 13.45.

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 $0.18 and has not changed. For the current year, the average estimate is a profit of $0.75, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 858.35 490.28 715.95 958.18 1,038
Diluted EPS ($) 0.43 -0.23 0.46 0.80 0.62

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 ($) in millions 263.51 262.34 245.76 259.60 270.33
Diluted EPS ($) 0.22 0.16 0.15 0.20 0.11

Past Performance:
Newpark Resources 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] wallstcheatsheet.com)