Earnings Preview: Cooper Industries' EPS, Revenue Expected to Rise

Cooper Industries CBE announces its next round of earnings this Thursday, October 20, 2011. Here's Benzinga's essential guide to Cooper Industries plc's third quarter earnings report.

Earnings and Revenue:

Analysts are predicting an EPS reading of 96 cents/share and revenues of $1.37 billion. Cooper Industries' latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of 85 cents/share on revenues of $1.24 billion. Can Cooper Industries manage the estimated 12.9% rise in EPS and 10.5% increase in revenues from the year-ago quarter as analysts are predicting? We'll have to wait until Thursday to find out.

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

Stock Performance:

As of October 14, 2011, Cooper Industries' current share price was $51.57. Shares are down 10.1% year to date.

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' peers.

• Acuity Brands AYI: Hold with a $0.79 recent quarter EPS
• Danaher DHR: Moderate Buy with a $0.69 recent quarter EPS
• Dover DOV: Hold with a $1.19 recent quarter EPS
• Littelfuse LFUS: Moderate Buy with a $1.15 recent quarter EPS

Cooper Industries is in the electronic products industry, which has experienced price/earnings growth of 1%.

Finally, a description of the company's main areas of operation: 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.

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