Earnings Preview: Constellium (CSTM) Q2 Earnings Expected to Decline

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Constellium (CSTM) despite higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Constellium is expected to report quarterly earnings of $0.28 per share, reflecting a year-over-year decrease of 46.2%, while revenues are projected to be $2.09 billion, an increase of 8.4% from the previous year [3]. - The consensus EPS estimate has been revised 2.34% higher in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Constellium is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -3.23%, indicating bearish sentiment among analysts [12]. - The stock currently holds a Zacks Rank of 4, complicating predictions for an earnings beat [12]. Historical Performance - In the last reported quarter, Constellium exceeded expectations with earnings of $0.26 per share against an anticipated $0.07, achieving a surprise of +271.43% [13]. - Over the past four quarters, the company has beaten consensus EPS estimates twice [14]. Conclusion - Constellium does not appear to be a strong candidate for an earnings beat based on current estimates and rankings, suggesting investors should consider additional factors before making investment decisions [17].