5 Financial Stocks Investors Evaluate Prior to Earnings Releases

US Bancorp (NYSE:USB) will unveil its latest earnings on Tuesday, April 17, 2012. The average estimate of analysts is for profit of 64 cents per share, a rise of 23.1% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 62 cents. Between one and three months ago, the average estimate moved up. It has risen from 63 cents during the last month. For the year, analysts are projecting net income of $2.67 per share, a rise of 10.8% from last year.

Last quarter, the company beat estimates by one cent, coming in at profit of 64 cents a share versus the estimate of net income of 63 cents a share. It marked the fourth straight quarter of beating estimates. Analysts are projecting a rise of 6.7% in revenue from the year-earlier quarter to $4.78 billion.

Northern Trust Corp (NASDAQ:NTRS) will unveil its latest earnings on Tuesday, April 17, 2012. The average estimate of analysts is for profit of 66 cents per share, a rise of 11.9% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 69 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 66 cents during the last month. Analysts are projecting profit to rise by 8.1% versus last year to $2.94.

Last quarter, the company reported net income of 70 cents per share versus a mean estimate of profit of. The company has beaten estimates for the past three quarters. On average, analysts predict $974.5 million in revenue this quarter, a rise of 7.3% from the year-ago quarter. Analysts are forecasting total revenue of $4.02 billion for the year, a rise of 6.6% from last year’s revenue of $3.77 billion.

The Bank of New York Mellon Corp (NYSE:BK) will unveil its latest earnings on Wednesday, April 18, 2012. The average estimate of analysts is for profit of 52 cents per share, a rise of 4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 54 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 52 cents during the last month. For the year, analysts are projecting net income of $2.27 per share, a rise of 8.6% from last year.

The company fell short of estimates last quarter after being in line with forecasts the quarter prior. In the fourth quarter of the last fiscal year, it reported profit of 48 cents per share versus a mean estimate of 54 cents. Two quarters ago, it reported net income of 53 cents per share.On average, analysts predict $3.6 billion in revenue this quarter, no change from the year-ago quarter. Analysts are forecasting total revenue of $14.85 billion for the year, a rise of 2.2% from last year’s revenue of $14.53 billion.

Huntington Bancshares, Inc. (NASDAQ:HBAN) will unveil its latest earnings on Wednesday, April 18, 2012. The average analyst estimate is for profit of 14 cents per share, a rise of 7.7% from the company’s actual earnings for the year-ago quarter. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 0% compared to last year’s 59 cents.

Last quarter, the company saw net income of 14 cents per share versus a mean estimate of profit of 14 cents per share. This comes after two consecutive quarters of exceeding expectations. Analysts predict a rise of 1.8% in revenue from the year-earlier quarter to $656.8 million.

SLM Corp (NYSE:SLM) will unveil its latest earnings on Wednesday, April 18, 2012. The average estimate of analysts is for profit of 51 cents per share, a rise of 6.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 50 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 51 cents during the last month. Analysts are projecting profit to rise by 14.8% compared to last year’s $2.10.

The company topped forecasts last quarter after being in line with estimates the quarter prior. In the fourth quarter of the last fiscal year, it reported net income of 51 cents per share versus a mean estimate of 50 cents. Two quarters ago, it reported profit of 36 cents per share. Analysts predict a rise of 3.2% in revenue from the year-earlier quarter to $796.5 million.

More from The Cheat Sheet