SORL Auto Parts: Here’s What Investors Need to Know Before Earnings

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SORL Auto Parts (NASDAQ:SORL) will report earnings before markets open on Monday, April 1st. SORL Auto Parts, Inc. manufactures and distributes automotive air brake valves and hydraulic brake valves. The Company’s products are primarily for the commercial vehicles market in China. SORL distributes products both in China and internationally under SORL trademarks.

Here is your Cheat Sheet to SORL Auto Parts Earnings:

Earnings Expectations: Analysts expect earnings of $0.21 per share on revenues of $48.09 million. Currently, the company’s P/E ratio stands at 6.21.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.14 and has not changed. For the current year, the average estimate is a profit of $0.66, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how SORL Auto Parts has been performing on an annual basis:

Fiscal Year 2007 2008 2009 2010 2011
Revenue ($) in millions 115.76 130.89 124.97 199.36 216.78
Diluted EPS ($) 0.59 0.68 0.70 1.06 0.86

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

Quarter Sep. 30, 2011 Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012
Revenue ($) in millions 47.58 56.10 44.60 52.09 46.71
Diluted EPS ($) 0.18 0.17 0.12 0.16 0.17

Past Performance:
SORL Auto Parts 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)

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