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.
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 $3.42, which is better than the estimate ninety days ago.
Here’s how Cooper Tire & Rubber has been performing on an annual basis:
|Revenue ($) 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|
Cooper Tire & Rubber 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)