Texas Industries Earnings: What Investors Should Watch
Texas Industries (NYSE:TXI) will report earnings before markets open on Thursday, July 11th. Texas Industries, Inc. and its subsidiaries supply construction materials such as cement, aggregate, and concrete products. The Company’s customers include the construction, original equipment manufacturers, tool, and country goods markets.
Here is your Cheat Sheet to Texas Industries Earnings:
Earnings Expectations: Analysts expect earnings of $0.19 per share on revenues of $198.65 million. Currently, the company’s P/E ratio stands at 45.15.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.01 to a profit $0.02. For the current year, the average estimate is a loss of $0.57, which is better than the estimate ninety days ago.
Here’s how Texas Industries has been performing on an annual basis:
|Revenue ($) in millions||839||621||622||647|
|Diluted EPS ($)||-0.64||-1.40||-2.33||0.27|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||May. 31, 2012||Aug. 31, 2012||Nov. 30, 2012||Feb. 28, 2013|
|Revenue ($) in millions||174.56||191.81||167.69||141.36|
|Diluted EPS ($)||2.15||-0.09||-0.40||-0.21|
Texas Industries has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)