Market Overview

Earnings Outlook for Circor International

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Circor International (NYSE: CIR) announces its next round of earnings this Friday, August 07. Here is Benzinga's everything-that-matters guide for this Friday's Q2 earnings announcement.

Earnings and Revenue

Circor International EPS is expected to be around $0.11, according to sell-side analysts. Sales will likely be near $168.26 million. Circor International reported a profit of $0.45 per share when it published results during the same quarter last year. Sales in that period totaled $269.61 million. If the company were to post earnings in-line with the consensus estimate when it reports Friday, EPS would be down 75.56%. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 0.45 0.77 0.47 0.44
EPS Actual 0.20 0.82 0.48 0.45
Revenue Estimate 191.61 M 241.36 M 251.93 M 277.06 M
Revenue Actual 192.21 M 242.64 M 237.10 M 269.61 M

Stock Performance

Shares of Circor International were trading at $30.29 as of August 07. Over the last 52-week period, shares are down 17.61%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Circor International is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/s6rf8g8z.

 

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