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Mindray Medical International Ltd $MR Earnings Preview For Monday

Mindray Medical International Ltd (MR) is expected to report last fiscal quarter's results after the closing bell on February 27, 2012. We can review how Mindray Medical International Lt has performed recently.

Who They Are: 

Mindray Medical International Limited, through its subsidiary, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., develops, manufactures, and markets medical devices worldwide. The company was founded in 1991 and is headquartered in Shenzhen, the People’s Republic of China. Mindray Medical shares trade an average of 369,000 shares per day and has a marketcap of $2.5 Billion.

52 Week High: $31.21
52 Week Low: $21.25
Book Value: $9.47

What To Expect:

Analysts are expecting an improvement of $0.11 in earnings per share compared to last quarter's results of $0.31. Investors will be looking to see a number north of $0.42 per share based on the earnings estimates.

Recent Stock and Valuation Performance:

Relative to the earnings, investors have not been as aggressive accumulating shares, as the current trailing twelve months P/E ratio is 20.9, while the forward P/E ratio is now 16.5. It appears based on the lower PE that investors are pricing in less growth.
The stock has fallen in price -3.12% in the last month, and changing from last year at this time 10.23%.
The stock is performing well when compared to the general stock market up to this point. When reviewed with the S&P 500, the year up to date positive change is 3.86%.

Management has provided an improvement of year-over-year revenue. Revenue reported was $704.31 million for 2010 vs. $634.18 million for 2009. The bottom line has rising earnings year-over-year of $155.47 million for 2010 vs. $139.19 million for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $155.59 million for 2010 vs. $140.61 million for 2009. 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 .

StockSaints uses information believed to be correct, but is not guaranteed and is not independently checked for accuracy You may wish to use this article as a starting point of your own research with your financial planner. Seeking Alpha, Edgar Online, Zacks and Yahoo Finance provides most of the data. uses the "confirmed" symbols from that believed to be of the most interest.

Robert Weinstein Google+


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Stock Tickers: MR Author Disclosure: NA
Mindray Medical