Cooper Industries Earnings Preview: Analysts Expect Rising Revenue

Get ready for Cooper Industries CBE earnings! Don't be the last to know: The company announces its next round of earnings this Thursday, July 21, 2011.

No time to prep before Thursday's announcement? Don't worry. Here is your everything-that-matters guide to Cooper Industries' second quarter earnings report.

Let's Do the Numbers:

Wall Street expects a positive EPS reading of 95 cents per share and revenues of $1.33 billion. We'll have to wait for Thursday to see if Cooper Industries has accomplished the estimated 117% rise in EPS and 99% increase in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	$0.84	$0.85	$0.84	$0.76
EPS Actual	$0.84	$0.85	$0.85	$0.82

Stock Performance:

At last check, shares of Cooper Industries were trading at $58.10. Since January 1st, shares of Cooper Industries have given investors a return of 0.6%.

Average Stock Rating:

The average rating by analysts for Cooper Industries is a Moderate Buy. Over the past three months this rating's strength has declined slightly.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Cooper Industries, plc's peers.

• Acuity Brands AYI: Hold with a $0.62 recent quarter EPS
• Danaher DHR: Moderate Buy with a $0.61 recent quarter EPS
• Dover DOV: Hold with a $0.92 recent quarter EPS

Finally, a description of the main business areas of the company, in case you need a little refresher: Cooper Industries is a worldwide manufacturer of electrical products and tools.

Take Action:

Now that you're fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

• To see up-to-date news on Cooper Industries, plc, click here
• To see other trading ideas, click here
• To see other company earnings recaps, click here