Ace Limited (NYSE:ACE) will report earnings after markets close on Monday, April 22nd. ACE Limited is the holding company for the ACE Group of Companies, a property and casualty insurance business. The Group provides a diversified range of products and services to clients through operations in countries around the world. ACE provides specialty insurance and reinsurance products.
Here is your Cheat Sheet to Ace Limited Earnings:
Earnings Expectations: Analysts expect earnings of $1.93 per share on revenues of $3.35 billion. Currently, the company’s P/E ratio stands at 11.26.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $2.01 to a profit $1.98. For the current year, the average estimate is a profit of $7.86, which is worse than the estimate ninety days ago.
Here’s how Ace Limited has been performing on an annual basis:
|Revenue ($) in millions||13,630||15,080||16,010||16,830||17,940|
|Diluted EPS ($)||3.50||7.55||9.04||4.52||7.89|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||4,479||4,185||3,926||5,138||4,687|
|Diluted EPS ($)||2.16||2.84||0.96||1.86||2.23|
Ace Limited has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)