Earnings Preview: Pall Corporation Reports Results On Sept. 14

| About: Pall Corporation (PLL)
This article is now exclusive for PRO subscribers.

Pall Corporation (NYSE:PLL) is due to report earnings after the closing bell on September 14. PLL trades an average of 1.8 million shares per day. Pall Corporation manufactures and markets filtration, purification, and separation products and integrated systems solutions worldwide. The company was founded in 1946 and is based in Port Washington, New York.

52-week high: $59.50
52-week low: $37.82
Book value: $12.68
Float short: 1.29%

On average, analysts are expecting a drop of $0.25 in earnings per share compared to last quarter's results of $0.67. A beat of $0.42 per share will top the estimated mean earnings.

Relative to the earnings, investors have not been as aggressive accumulating shares, as the current trailing 12 months (ttm) P/E ratio is 20.7, while the forward P/E ratio is now 16.9. A falling PE ratio may signal a bargain for astute investors, or maybe time to move on. Looking at the price movement over the last month, the stock has moved higher in price 5.38%, with a one year change of 28.46%. Comparing to the S&P 500 price changes, the price performances are 6.04% vs. the S&P 500 from a month ago, and year to date difference is 3.97% vs. the S&P 500 price change.

Revenue year-over-year has increased to $2.40 billion for 2010 vs. $2.33 billion for 2009. The bottom line has rising earnings year-over-year of $241.25 million for 2010 vs. $195.62 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $373.56 million for 2010 vs. $298.92 million for 2009. Annually, revenue is growing at a rate of 3%.

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Apr-11 $ 704.00 M $ 761.02 M $ 57.02 M 8.1%
Jan-11 $ 1.10 B $ 1.10 B $ 5.10 M 0.47%
Oct-10 $ 652.82 M $ 681.73 M $ 28.91 M 4.43%
Jul-10 $ 690.03 M $ 668.76 M $ -21.27 M -3.08%
Apr-10 $ 612.98 M $ 633.59 M $ 20.61 M 3.36%

Differences are rounded. (Some onetime items are often excluded in reported EPS.)

Reported earnings per share compared to the mean estimate. Differences are rounded.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.