Amtrust Financial Services Earnings Preview: Can This Streak Continue?

Amtrust Financial Services (NASDAQ:AFSI) will report earnings before markets open on Wednesday, May 1st. AmTrust Financial Services, Inc. offers insurance coverage. The Company offers property/casualty, workers’ compensation, special risk, and warranty insurance, and extended service plans. The Company operates in the United States and the European Union, and reinsures risk worldwide.

Here is your Cheat Sheet to Amtrust Financial Services Earnings:

Earnings Expectations: Analysts expect earnings of $0.73 per share on revenues of $454.87 million. Currently, the company’s P/E ratio stands at 12.35.

Analyst Trends:

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 $0.76 to a profit $0.75. For the current year, the average estimate is a profit of $3.1, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Amtrust Financial Services has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 578.24 741.85 1,002 1,358 1,865
Diluted EPS ($) 1.245 1.564 2.14 2.52 2.57

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 ($) in millions 332.32 414.21 430.60 505.76 512.54
Diluted EPS ($) 0.4495 0.5727 0.5818 0.66 0.6496

Past Performance:
Amtrust Financial Services has beat analyst estimates 4 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]