AK Steel Holding Earnings Preview For Tuesday (AKS)
AK Steel Holding (NYSE:AKS) is due to report earnings before the opening bell on April 24, 2012. Below we can see the results of AK Steel Holding over the last few earnings periods.
Who They Are:
AK Steel Holding Corporation, through its subsidiaries, produces flat-rolled carbon, stainless and electrical steels, and tubular products in the United States and internationally. The company was founded in 1993 and is headquartered in West Chester, Ohio. AK Steel Holding trades an average of 7.4 million shares per day and has a marketcap of $843 Million.
Book Value: $3.52
What To Expect:
Analysts expect an improvement of $0.40 in earnings per share compared to last quarter's results of $-0.51. Wall Street is expecting $-0.11 per share based on earnings estimates.
Wall Street is expecting results within $-0.14 and $-0.05 per share.
Here is a look at the fiscal year revenue for AK Steel Holding .
Recent Stock and Valuation Performance:
The P/E ratio has been recently discounted, as the current trailing twelve months P/E ratio is 44.8, while the forward P/E ratio is now 14.86.
Looking at the price movement over the last month, the stock has fallen in price -8.19%, and moving in price -50.49% from one year ago.
When comparing to the S&P 500, the year to date difference is -16.58%.
Revenue growth relative to last year appears to be problematic for management. Comparing year-over-year fiscal years, revenue has declined to $6.47 billion for 2011 vs. $5.97 billion for 2010. The bottom line has falling earnings year-over-year of $-155.60 million for 2011 vs. $-128.90 million for 2010.The company's earnings before interest and taxes are falling with an EBIT year-over-year of $-201.30 million for 2011 vs. $-133.90 million for 2010.
The short interest is relatively low at .
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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