ZEP Earnings Preview: Get Ahead of the Analysts
ZEP (NYSE:ZEP) will report earnings before markets open on Tuesday, July 2nd. Zep, Inc. manufactures specialty chemical products. The Company produces detergents, disinfectants, hand cleaners, degreasers, deodorants, lubricants, floor finishes, and pest control products.
Here is your Cheat Sheet to Zep Earnings:
Earnings Expectations: Analysts expect earnings of $0.42 per share on revenues of $196.52 million. Currently, the company’s P/E ratio stands at 16.68.
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 $0.41 to a profit $0.42. For the current year, the average estimate is a profit of $1.16, which is worse than the estimate ninety days ago.
Here’s how Zep has been performing on an annual basis:
|Revenue ($) in millions||575||501||569||646||654|
|Diluted EPS ($)||0.77||0.43||0.61||0.78||0.98|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||May. 31, 2012||Aug. 31, 2012||Nov. 30, 2012||Feb. 28, 2013|
|Revenue ($) in millions||176.63||171.70||158.03||163.39|
|Diluted EPS ($)||0.39||0.33||0.16||0.12|
Zep has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)