Precision Castparts 1Q Earnings Pregame Scorecard

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Having exceeded expectations last quarter by one cent per share, Precision Castparts (NYSE:PCP) is scheduled to report again on Thursday.

Expectations

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Analysts currently expect Precision Castparts to come in with earnings of $2.36 per share on revenues of $2.01 billion. Analysts gave estimates ranging from earnings per share to earnings per share. Over the past three months, the average estimate has moved up from $2.32.

Stock Movement

The stock fell $5.70 per share between May 21, 2012 and May 31, 2012. Looking at change over the last three months, April 25, 2012 and July 20, 2012, the stock price fell $9.78 (-5.6%), from $174.80 to $165.02.

Company Fundamental Trends

Stock Ratings

Analysts are bullish on the stock as 12 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.

Last Quarter's Results

In the fourth quarter of the last fiscal year, profit rose 24% to $336.1 million ($2.30 a share) from $271 million ($1.87 a share) the year earlier, exceeding analyst expectations. Revenue rose 15.4% to $1.93 billion from $1.67 billion.

Summary

Reporting Period: 1Q

Date of Release: Thursday, July 26, 2012 before market open

EPS: $2.36

Revenue Estimate: $2.01 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)