Omnicare Earnings Preview: Can This Streak Continue?

Omnicare (NYSE:OCR) will report earnings before markets open on Wednesday, April 24th. Omnicare, Inc. provides geriatric pharmaceutical services. The Company distributes pharmaceuticals, and provides related pharmacy consulting and other ancillary services, data management services and medical supplies to skilled nursing facilities, assisted living facilities, retirement centers, independent living communities, hospitals, hospice, and other healthcare providers.

Here is your Cheat Sheet to Omnicare Earnings:

Earnings Expectations: Analysts expect earnings of $0.87 per share on revenues of $1.54 billion. Currently, the company’s P/E ratio stands at 23.80.

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 $0.87 to a profit $0.86. For the current year, the average estimate is a profit of $3.52, which is worse than the estimate ninety days ago.

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Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 6,206 6,001 6,031 6,183 6,160
Diluted EPS ($) 1.19 1.80 -0.91 0.76 1.73

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 ($) in millions 1,557 1,593 1,536 1,501 1,530
Diluted EPS ($) 0.27 0.48 0.17 0.55 0.53

Past Performance:
Omnicare has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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