Walter Energy Inc. Fourth Quarter Earnings Sneak Peek

Walter Energy Inc. (NYSE:WLT) will unveil its latest earnings on Tuesday, February 21, 2012.

Walter Energy Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of $1.63 per share, a decline of 17.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $2.08. Between one and three months ago, the average estimate moved down. It also has dropped from $2.01 during the last month. For the year, analysts are projecting profit of $7.06 per share, a decline of 6.7% from last year.

Past Earnings Performance: The company beat estimates last quarter after falling short in the prior two. In the third quarter, the company reported net income of $1.28 per share versus a mean estimate of profit of $1.11 per share. In the second quarter, the company missed estimates by $1.73.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 83.8% in revenue from the year-earlier quarter to $736.8 million.

Analyst Ratings: With eight analysts rate analysts rating the stock a buy, none rate rating it as a sell, and eight rate rating it a hold, analysts are bullish on the stock.

A Look Back: In the third quarter, profit fell 44% to $76.2 million ($1.21 a share) from $136.2 million ($2.55 a share) the year earlier, but exceeded analyst expectations. Revenue rose 48.6% to $690.1 million from $464.3 million.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 59.4%, with the biggest boost coming in the second quarter when revenue rose 88.3% from the year earlier quarter.

The company’s net income has fallen in the last two quarters. Net income dropped 7.6% in the second quarter.

Stock Price Performance: Between February 9, 2012 and February 15, 2012, the stock price dropped $6.89 (-9.4%), from $73.31 to $66.42. The stock price saw one of its best stretches over the last year between March 18, 2011 and April 5, 2011, when shares rose for 13 straight days, increasing 21.4% (+$24.63) over that span. It saw one of its worst periods between July 22, 2011 and August 8, 2011 when shares fell for 12 straight days, dropping 46.4% (-$60.80) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com