Earnings Preview: Analysts Predict Precision Castparts EPS, Revenue Will Rise from Previous Quarter

Precision Castparts PCP earnings are coming up! Don't miss out: The company unveils its next round of earnings this Monday, July 18, 2011.

Wondering what Wall Street is thinking ahead of Precision Castparts' lastest earnings numbers? Get the latest predictions in our essential guide to the company's first quarter earnings report.

Let's Do the Numbers:

Analysts are looking ahead to a positive EPS reading of $1.95 per share and revenues of $1.69 billion. Can Precision Castparts manage the estimated 115% rise in EPS and 117% increase in revenues as analysts are predicting? We'll have to wait until Monday to find out.

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

Quarter Q4 Q3 Q2 Q1
EPS Estimate $1.91 $1.79 $1.68 $1.69
EPS Actual $1.87 $1.80 $1.70 $1.65

Stock Performance:

Shares of Precision Castparts were trading at $160.92 as of July 12, 2011. Since January 1st, shares of Precision Castparts have given investors a return of 15.6%.

Average Stock Rating:

The average rating by analysts for Precision Castparts is a Moderate Buy. This rating hasn't budged over the past three months.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at one of Precision Castparts' peers.
  • Alcoa AA: Hold with a $0.32 recent quarter EPS

Precision Castparts is in the metal processing and fabrication industry, which has experienced price/earnings growth of 1.3%.

Finally, a description of the main business areas of the company, in case you need a little refresher: Precision Castparts Corp. manufactures complex metal components and products and provides investment castings, forgings and fasteners/fastener systems for aerospace and industrial gas turbine applications.

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 Precision Castparts, click here
  • To see other trading ideas, click here
  • To see other company earnings recaps, click here
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsPreviewsTrading IdeasAerospace & DefenseAluminumIndustrialsMaterials
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!