CLARCOR Earnings Preview
After beating estimates last quarter by $0.05, CLARCOR (NYS: CLC) has set the standard for itself. The company will unveil its latest earnings on Wednesday. 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. Analysts haven't adjusted their rating of CLARCOR for the past three months.
- Revenue forecasts: On average, analysts predict $267.9 million in revenue this quarter. That would represent a rise of 9% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.47 per share. Estimates range from $0.45 to $0.50.
What our community says:
CAPS All-Stars are enthusiastically backing the stock, with 84.2% giving it an outperform rating. Most of the community concurs with the All-Stars, with 80.3% awarding it a rating of outperform. CLARCOR's bearish CAPS rating of two out of five stars falls short of the Fool community sentiment.
CLARCOR's profit has risen year-over-year by an average of 31.5% over the past five quarters. Revenue has now gone up for three straight quarters.
For all our CLARCOR-specific analysis, including earnings and beyond, add CLARCOR to My Watchlist.
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At the time this article was published
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