Solutia Earnings Report Preview For Tuesday's Release (SOA)
Solutia (NYSE:SOA) is expected to report last fiscal quarter's results Before the open on April 24, 2012 We can review how Solutia has performed recently.
Who They Are:
Solutia Inc. and its subsidiaries manufacture performance materials and specialty chemicals used in various consumer and industrial applications. The company was founded in 1901 and is headquartered in St. Louis, Missouri..
Book Value: $7.53
Float Short: 0.81%
What To Expect:
Analysts expect an improvement of $0.03 in earnings per share compared to last quarter's results of $0.49. Wall Street is expecting $0.52 per share based on earnings estimates.
Here is a look at the fiscal year revenue for Solutia.
Recent Stock and Valuation Performance:
The current trailing twelve months P/E ratio is 14. The forward P/E ratio is 12.86.
Looking at the price movement over the last month, the stock has moved higher in price 1.15%, and 15.16% from one year ago.
It is clear to see the stock is performing much better than the overall market with a relative double digit gain. When comparing to the S&P 500, the year to date difference is 47.09%.
The company has falling revenue year-over-year of $2.10 billion for 2011 vs. $1.95 billion for 2010. The bottom line has rising earnings year-over-year of $262.00 million for 2011 vs. $78.00 million for 2010.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $404.00 million for 2011 vs. $331.00 million for 2010. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins in the earnings release to make sure the bottom line is keeping up with the top line.
The short interest is relatively low at 0.81%.
Here are the last few quarters to get an idea how well they perform compared to estimates
Reported earnings per share compared to the mean estimate. Differences are rounded.
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