BioScrip Earnings: What Investors Should Watch
Bioscrip (NASDAQ:BIOS) will report earnings after markets close on Wednesday, May 8th. BioScrip, Inc. is a pharmacy benefit management and specialty pharmaceutical organization that partners with managed care organizations and healthcare providers to control prescription drug costs. The Company provides pharmacy benefit products and services and mail order pharmacy services, and is the fulfillment center for online retailers offering prescription and OTC products.
Here is your Cheat Sheet to Bioscrip Earnings:
Earnings Expectations: Analysts expect earnings of $0.02 per share on revenues of $189.36 million. Currently, the company’s P/E ratio stands at 11.85.
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 $0.06 to a profit $0.05. For the current year, the average estimate is a profit of $0.25, which is worse than the estimate ninety days ago.
Here’s how Bioscrip has been performing on an annual basis:
|Revenue ($) in millions||1,402||1,330||430.71||554.51||662.64|
|Diluted EPS ($)||-1.93||1.36||-1.37||0.14||1.15|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||158.26||155.63||155.90||170.36||180.74|
|Diluted EPS ($)||0.1220||-0.05||1.29||-0.20||0.1262|
Bioscrip has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)