Stock Quote Search
Latest News
- Apple, Samsung CEOs set for U.S. court talks
- Euro zone row gets fat pay rise for German workers
- Facebook shares could fall below IPO price: Barron's
- U.S. banking laws unable to stop JPMorgan loss: Republican Boehner
- Insight: China pays high price to spare state firm from bankruptcy
- Barroso: Lenders Stand Firm On Greek Austerity Plan - Wall Street Journal
- US Gasoline Falls to $3.78 a Gallon - Bloomberg
- NY trial of ex-P&G, Goldman board member starts - The Associated Press
- What is a reserve currency, and how do traders use it?
- State unemployment improves to 9.4 percent in April - Jefferson Post
Site Search
Actuant Corp First Quarter Earnings Sneak Peek
Created on Friday, 16 December 2011 08:07Category: Earnings
Actuant Corp will unveil its latest earnings on Wednesday, December 21, 2011. Actuant is a global manufacturer and marketer of a range of industrial products and systems.
Actuant Corp Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for net income of
Past Earnings Performance: The company is looking to top estimates for the third straight quarter. Last quarter, it reported profit of 50 cents per share against a mean estimate of net income of 47 cents, and the quarter before, the company exceeded forecasts by 5 cents with profit of 51 cents versus a mean estimate of net income of 46 cents.
Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.
Wall St. Revenue Expectations: Analysts are projecting a rise of 18.2% in revenue from the year-earlier quarter to $376.3 million.
Analyst Ratings: eight out of 12 analysts surveyed (66.7%) have a buy rating on Actuant.. This is below the mean analyst rating of seven competitors, which average 75.7% buy ratings.
A Look Back: In the fourth quarter of the last fiscal year, the company swung to a profit of $41.4 million (55 cents a share) from a loss of $16.8 million (22 cents) a year earlier, beating analyst estimates. Revenue rose 78.1% to $403.4 million from $226.5 million.
Key Stats:
Revenue has risen the past four quarters. Revenue rose 17.4% in the third quarter of the last fiscal year from the year earlier, climbed 12.4% in the second quarter of the last fiscal year from the year-ago quarter and 4.3% in the first quarter of the last fiscal year.
Competitors to Watch: Parker-Hannifin Corp. , Crane Co. , Omega Flex, Inc. , Sun Hydraulics Corporation , Danaher Corporation , Caterpillar , and General Electric .
Stock Price Performance: During November 16, 2011 to December 15, 2011, the stock price had dropped $2 (-8.9%) from $22.57 to $20.57. The stock price saw one of its best stretches over the last year between September 22, 2011 and September 29, 2011 when shares rose for six-straight days, rising 14.7% (+$2.66) over that span. It saw one of its worst periods between May 10, 2011 and May 18, 2011 when shares fell for seven-straight days, falling 8.8% (-$2.38) over that span. Shares are down $6 (-22.6%) year to date.
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)
Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.
Courtesy Yahoo Financial News