OM Group Earnings Preview: Get Ahead of the Analysts
Om Group (NYSE:OMG) will report earnings before markets open on Thursday, May 2nd. OM Group, Inc. produces and markets value-added metal-based specialty chemicals and powders. The Company supplies metal carboxylates, inorganic metal salts, and metal powders for diverse applications to a variety of industries. OM’s products are used to manufacture coatings, custom catalysts, liquid detergents, lubricants, fuel additives, colorants, and rechargeable batteries.
Here is your Cheat Sheet to Om Group Earnings:
Earnings Expectations: Analysts expect earnings of $0.04 per share on revenues of $287.45 million.
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 profit of $0.43 to a profit $0.29. For the current year, the average estimate is a profit of $0.99, which is worse than the estimate ninety days ago.
Here’s how Om Group has been performing on an annual basis:
|Revenue ($) in millions||1,737||871.67||1,197||1,515||1,638|
|Diluted EPS ($)||4.45||-0.59||2.73||1.35||-1.22|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||438.61||466.18||436.47||394.73||340.41|
|Diluted EPS ($)||1.691||0.37||-0.70||0.17||-1.066|
Om Group has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)