AK Steel Holding Earnings Preview: Can This Streak Continue?

AK Steel Holding (NYSE:AKS) will report earnings before markets open on Tuesday, July 23rd. AK Steel Holding Corporation, through its wholly-owned subsidiary, produces flat rolled carbon steel. The Company produces coated, cold rolled, and hot rolled carbon steel for the automotive, appliance, construction, and manufacturing markets. AK Steel also cold rolls and aluminum coats stainless steel for automotive industry customers.

Here is your Cheat Sheet to Ak Steel Holding Earnings:

Earnings Expectations: Analysts expect earnings of $-0.33 per share on revenues of $1.42 billion.

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 $0.04 to a loss $0.04. For the current year, the average estimate is a loss of $0.44, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Ak Steel Holding has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 7,644 4,077 5,968 6,468 5,934
Diluted EPS ($) 0.04 -0.68 -1.17 -1.41 -9.06

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 ($) in millions 1,538.40 1,463.50 1,423.10 1,369.80
Diluted EPS ($) -6.57 -0.55 -1.90 -0.07

Past Performance:
Ak Steel Holding has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)