Esterline Technologies: Here’s What Investors Need to Know Before Earnings

Esterline Technologies (NYSE:ESL) will report earnings after markets close on Thursday, May 30th. Esterline Technologies Corporation is worldwide supplier to the aerospace and defense industry. The Company’s core products include technology interface systems for commercial and military aircraft, jet engine sensors and electrical power distribution equipment, high temperature resistant materials, combustible ordinance and electronic warfare countermeasure products.

Here is your Cheat Sheet to Esterline Technologies Earnings:

Earnings Expectations: Analysts expect earnings of $1.23 per share on revenues of $507.07 million. Currently, the company’s P/E ratio stands at 21.03.

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 $1.53 to a profit $1.54. For the current year, the average estimate is a profit of $5.58, which is the same as the estimate ninety days ago.

Earnings Trends:

Here’s how Esterline Technologies has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,483 1,425 1,527 1,718 1,992
Diluted EPS ($) 4.03 4.00 4.66 4.27 3.60

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013
Revenue ($) in millions 504.83 485.95 530.66 457.96
Diluted EPS ($) 1.44 -0.55 1.97 0.80

Past Performance:
Esterline Technologies has beat analyst estimates 3 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)