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.

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 $0.26 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.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
Quality Distribution has beat analyst estimates 1 time 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)