CLARCOR Earnings Preview
CLARCOR (NYS: 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.
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.
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At the time this article was published
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