Raven Industries Earnings: What Investors Should Watch

Raven Industries (NASDAQ:RAVN) will report earnings before markets open on Monday, May 20th. Raven Industries, Inc. is an industrial manufacturer focusing on plastics and electronics. The Company manufactures ultra thin and reinforced plastic sheeting, provides electronic manufacturing services, and manufactures precision products for agriculture. Raven also provides balloons, inflatables, contract electronics, and industrial controls through its subsidiaries.

Here is your Cheat Sheet to Raven Industries Earnings:

Earnings Expectations: Analysts expect earnings of $0.44 per share on revenues of $112.64 million. Currently, the company’s P/E ratio stands at 23.64.

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 $0.31 to a profit $0.33. For the current year, the average estimate is a profit of $1.46, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2009 2010 2011 2012 2013
Revenue ($) in millions 279.91 237.78 314.71 381.51 406.18
Diluted EPS ($) 0.85 0.79 1.12 1.39 1.44

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jan. 31, 2012 Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013
Revenue ($) in millions 96.33 117.92 101.67 97.01 89.58
Diluted EPS ($) 0.3012 0.52 0.32 0.30 0.3037

Past Performance:
Raven Industries has beat analyst estimates 2 times 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)