Cooper Tire & Rubber Earnings Preview: Can This Streak Continue?

Cooper Tire & Rubber (NYSE:CTB) will report earnings before markets open on Thursday, May 9th. Cooper Tire & Rubber Company manufactures and markets replacement tires. The Company focuses on the manufacture and sale of passenger and light truck replacement tires. Cooper also manufactures radial medium truck tires and materials and equipment for the truck tire retread industry.

Here is your Cheat Sheet to Cooper Tire & Rubber Earnings:

Earnings Expectations: Analysts expect earnings of $0.66 per share on revenues of $973.03 million. Currently, the company’s P/E ratio stands at 7.00.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.88 to a profit $0.91. For the current year, the average estimate is a profit of $3.42, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Cooper Tire & Rubber has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 2,882 2,779 3,343 3,908 4,201
Diluted EPS ($) -3.72 1.02 2.24 4.02 3.49

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 ($) in millions 1,039 984.26 1,058 1,096 1,062
Diluted EPS ($) 3.328 0.34 0.82 1.17 1.144

Past Performance:
Cooper Tire & Rubber has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“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)

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