Cameron International Earnings Preview: Get Ahead of the Analysts
Cameron International (NYSE:CAM) will report earnings before markets open on Thursday, April 25th. Cameron International Corporation manufactures oil and gas pressure control equipment, including valves, wellheads, chokes, and assembled systems. The Company’s equipment is used for oil and gas drilling, production, and transmission in onshore, offshore, and subsea applications. Cameron also produces gas turbines, centrifugal gas and air compressors, and other products.
Here is your Cheat Sheet to Cameron International Earnings:
Earnings Expectations: Analysts expect earnings of $0.74 per share on revenues of $2.18 billion. Currently, the company’s P/E ratio stands at 19.43.
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 $0.97 to a profit $0.91. For the current year, the average estimate is a profit of $3.87, which is worse than the estimate ninety days ago.
Here’s how Cameron International has been performing on an annual basis:
|Revenue ($) in millions||5,849||5,223||6,135||6,959||8,502|
|Diluted EPS ($)||2.54||2.11||2.27||2.09||3.02|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||2,031||1,804||2,054||2,218||2,426|
|Diluted EPS ($)||0.40||0.54||0.70||0.90||0.88|
Cameron International has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“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)