Noranda Aluminum Holding Earnings: Your Sneak Peek to the Big Announcement

Noranda Aluminum Holding (NYSE:NOR) will report earnings before markets open on Wednesday, July 24th. Noranda Aluminum Holding Corp is an integrated producer of aluminum products, as well as rolled aluminum coils. The Company produces aluminum products in the form of billets, rods and sows, used mainly for building construction, architectural and transportation applications. Noranda also produces foil and light gauge sheet products from its rolling mills.

Here is your Cheat Sheet to Noranda Aluminum Holding Earnings:

Earnings Expectations: Analysts expect earnings of $-0.12 per share on revenues of $340.08 million. Currently, the company’s P/E ratio stands at 6.86.

Analyst Trends:

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 $0.04 to a loss $0.13. For the current year, the average estimate is a loss of $0.32, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Noranda Aluminum Holding has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,266 770 1,295 1,560 1,395
Diluted EPS ($) NA 2.33 1.27 2.06 0.72

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

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 371.70 336.80 332.90 338.40
Diluted EPS ($) 0.36 0.05 0.06 0.01

Past Performance:
Noranda Aluminum Holding 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)