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.
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 $1.41, which is better than the estimate ninety days ago.
Here’s how Pharmerica has been performing on an annual basis:
|Revenue ($) 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|
Pharmerica 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] wallstcheatsheet.com)