KiOR (NASDAQ:KIOR) will report earnings before markets open on Thursday, May 9th. KiOR, Inc. intends to produce renewable fuels. The Company developed a technology that converts non-food biomass into hydrocarbon-based oil. The renewable crude oil can be refined, using standard refinery equipment, into gasoline and diesel fuels.
Here is your Cheat Sheet to Kior Earnings:
Earnings Expectations: Analysts expect earnings of $-0.31 per share on revenues of $370.00K.
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 loss of $0.24 to a loss $0.3. For the current year, the average estimate is a loss of $1.13, which is worse than the estimate ninety days ago.
Here’s how Kior has been performing on an annual basis:
|Revenue ($) in millions||0.00||0.00||0.00||0.09|
|Diluted EPS ($)||-0.24||-0.0056||-0.0087||-0.0092|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||0.00||0.00||0.00||0.00||0.09|
|Diluted EPS ($)||-0.0001||-0.16||-0.22||-0.52||-0.0001|
Kior 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)