PharMerica Earnings Preview: Can This Streak Continue?

Pharmerica (NYSE:PMC) will report earnings after markets close on Wednesday, May 1st. PharMerica Corporation is a pharmaceutical services firm. The Company provides services to patients in hospitals and long term care settings.

Here is your Cheat Sheet to Pharmerica Earnings:

Earnings Expectations: Analysts expect earnings of $0.34 per share on revenues of $432.09 million. Currently, the company’s P/E ratio stands at 16.25.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.33 to a profit $0.34. For the current year, the average estimate is a profit of $1.41, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,947 1,841 1,847 2,081 1,833
Diluted EPS ($) 0.17 1.39 0.64 0.79 0.77

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 ($) in millions 495.60 498.90 458.50 442.00 433.20
Diluted EPS ($) 0.2669 0.19 0.26 0.20 0.1228

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

“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)