Polypore International Inc. Third Quarter Earnings Sneak Peek

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Polypore International, Inc. (NYSE:PPO) will unveil its latest earnings on Wednesday, November 2, 2011. Polypore International is a global technology filtration company that develops, manufactures, and markets specialized microporous membranes used in separation and filtration processes.

Polypore International, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 53 cents per share, a rise of 96.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 49 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 53 cents during the last month. Analysts are projecting profit to rise by 73.9% versus last year to $2.33.

Past Earnings Performance: Last quarter, the company reported profit of 63 cents per share versus a mean estimate of net income of. The company has beaten estimates for the past three quarters.

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Wall St. Revenue Expectations: On average, analysts predict $193.2 million in revenue this quarter, a rise of 27.4% from the year ago quarter. Analysts are forecasting total revenue of $780.9 million for the year, a rise of 26.6% from last year’s revenue of $616.6 million.

Analyst Ratings: Analysts are bullish on this stock with six analysts rating it as a buy, none rating it as a sell and three rating it as a hold.

A Look Back: In the second quarter, profit rose 85.1% to $29.5 million (63 cents a share) from $15.9 million (34 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 30.8% to $196.4 million from $150.1 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 20%, with the biggest boost coming in the most recent quarter when revenue rose 30.8% from the year earlier quarter.

Competitors to Watch: Altair Nanotechnologies, Inc. (NASDAQ:ALTI), Nanophase Tech. Corp. (NASDAQ:NANX), Celanese Corporation (NYSE:CE), W.R. Grace & Co. (NYSE:GRA), Media Sciences Intl. (MSII), Innospec Inc. (NASDAQ:IOSP), IKONICS Corporation (NASDAQ:IKNX), Calgon Carbon Corporation (NYSE:CCC), OM Group, Inc. (NYSE:OMG), and Ferro Corporation (NYSE:FOE).

Stock Price Performance: During August 3, 2011 to October 27, 2011, the stock price had fallen $18.15 (-26%) from $69.73 to $51.58. The stock price saw one of its best stretches over the last year between June 22, 2011 and July 6, 2011 when shares rose for 10-straight days, rising 17.7% (+$10.96) over that span. It saw one of its worst periods between October 14, 2011 and October 21, 2011 when shares fell for six-straight days, falling 13.1% (-$7.52) over that span. Shares are up $10.85 (+26.6%) year to date.

(Source: Xignite Financials)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

 

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