Pall Earnings: Everything You Must Know Now

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Pall Corp. (NYSE:PLL) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.

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Pall Corp. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 13.95% to $0.74 in the quarter versus EPS of $0.86 in the year-earlier quarter.

Revenue: Decreased 2.55% to $641.2 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Pall Corp. reported adjusted EPS income of $0.74 per share. By that measure, the company missed the mean analyst estimate of $0.93. It missed the average revenue estimate of $738.65 million.

Quoting Management: Larry Kingsley, Pall President and CEO, said, “The best way to summarize our performance for the quarter and nine months is that, in the face of continued economic challenges, we are delivering pretty solid returns. This is largely due to improved operational execution and the effect of our structural cost actions.”

Key Stats (on next page)…

Revenue decreased 0% from $0 in the previous quarter. EPS decreased 0% from $0.74 in the previous quarter.

Looking Forward: 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 $0.8 to a profit $0.79. For the current year, the average estimate is a profit of $3.07, which is the same with that ninety days ago.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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