Quality Distribution Earnings Preview: Get Ahead of the Analysts
Quality Distribution (NASDAQ:QLTY) will report earnings after markets close on Wednesday, May 1st. Quality Distribution Inc. operates a dedicated bulk tank network across North America. The Company transports a broad range of chemical products and also provides transportation management, transloading, tank cleaning, dry-bulk handling, and other logistical services.
Here is your Cheat Sheet to Quality Distribution Earnings:
Earnings Expectations: Analysts expect earnings of $0.14 per share on revenues of $226.58 million. Currently, the company’s P/E ratio stands at 4.16.
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 $0.26 to a profit $0.24. For the current year, the average estimate is a profit of $0.81, which is worse than the estimate ninety days ago.
Here’s how Quality Distribution has been performing on an annual basis:
|Revenue ($) in millions||815.29||613.61||686.60||745.95||842.12|
|Diluted EPS ($)||0.62||-9.28||-0.36||0.96||1.84|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||178.75||191.92||212.73||222.08||215.39|
|Diluted EPS ($)||0.2222||0.26||1.04||0.32||0.2064|
Quality Distribution has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.
“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)