Rock-Tenn Earnings Preview: Get Ahead of the Analysts
Rock-Tenn (NYSE:RKT) will report earnings after markets close on Tuesday, July 23rd. Rock-Tenn Company manufactures packaging, including folding cartons, as well as recycled paperboard, and specialty corrugated packaging and display products. The Company has manufacturing operations throughout the United States, Canada, and Mexico.
Here is your Cheat Sheet to Rock-tenn Earnings:
Earnings Expectations: Analysts expect earnings of $1.66 per share on revenues of $2.45 billion. Currently, the company’s P/E ratio stands at 13.69.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $2.38 and has not changed. For the current year, the average estimate is a profit of $6.5, which is better than the estimate ninety days ago.
Here’s how Rock-tenn has been performing on an annual basis:
|Revenue ($) in millions||2,839||2,812||3,001||5,400||9,208|
|Diluted EPS ($)||2.14||5.75||5.70||2.77||3.45|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||2,303.20||2,353.80||2,287.10||2,324.90|
|Diluted EPS ($)||0.81||1.14||1.18||4.45|
Rock-tenn has beat analyst estimates 3 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)