American Campus Communities: Here’s What Investors Need to Know Before Earnings

American Campus Communities (NYSE:ACC) will report earnings after markets close on Tuesday, July 23rd. American Campus Communities, Inc. owns and operates on and off-campus housing properties within close proximity to colleges and universities. The Company provides development and construction services for student housing properties owned by universities, charitable foundations and others. American Campus Communities also provides third party management and leasing services.

Here is your Cheat Sheet to American Campus Communities Earnings:

Earnings Expectations: Analysts expect earnings of $0.56 per share on revenues of $156.44 million. Currently, the company’s P/E ratio stands at 67.66.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.49 and has not changed. For the current year, the average estimate is a profit of $2.35, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how American Campus Communities has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 235 310 345 390 491
Diluted EPS ($) -0.34 -0.28 0.26 0.80 0.65

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 106.96 118.81 155.69 165.64
Diluted EPS ($) 0.16 0.00 0.23 0.20

Past Performance:
American Campus Communities has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)