CLARCOR Earnings Preview

CLARCOR (NYSE: CLC  ) came in under analysts' estimates last quarter but now has a chance to fix things this quarter. The company will unveil its latest earnings on Monday. CLARCOR conducts its business in three industry segments: engine and mobile filtration, industrial and environmental filtration, and packaging.

What analysts say:

  • Buy, sell, or hold?: Analysts think investors should stand pat on CLARCOR with five of eight analysts rating it hold.
  • Revenue forecasts: On average, analysts predict $305.5 million in revenue this quarter. That would represent a rise of 10.8% from the year-ago quarter.
  • Wall Street earnings expectations: The average analyst estimate is earnings of $0.68 per share. Estimates range from $0.66 to $0.70.

What our community says:
CAPS All-Stars are solidly behind the stock with 82.6% assigning it an outperform rating. The community at large agrees with the All-Stars with 79.7% granting it a rating of outperform. Fools are keen on CLARCOR, though the message boards have been quiet lately with only 39 posts in the past 30 days. Despite the majority sentiment in favor of CLARCOR, the stock has a middling CAPS rating of three out of five stars.

Management:
CLARCOR's profit has risen year over year by an average of 28.8% over the past five quarters. Revenue has now gone up for three straight quarters.

Now let's look at how efficient management is at running the business. Traditionally, margins represent the efficiency with which companies capture portions of sales dollars. The following table shows gross, operating, and net margins over the past four quarters.

Quarter

Q3

Q2

Q1

Q4

Gross Margin

33.7%

34.5%

32.9%

33.4%

Operating Margin

16.3%

16.9%

12.7%

15.9%

Net Margin

11.3%

11.4%

8.9%

10.5%

For all our CLARCOR-specific analysis, including earnings and beyond, add CLARCOR to My Watchlist.

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Earnings estimates provided by Zacks

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