Apollo Residential Mortgage Earnings Preview: Get Ahead of the Analysts
Apollo Residential Mortgage (NYSE:AMTG) will report earnings after markets close on Monday, May 6th. Apollo Residential Mortgage, Inc. finances residential real estate. The Company invests in, finances, and manages Agency mortgage-backed securities (NYSE:MBS), non-Agency MBS, residential mortgage loans and other residential mortgage assets in the United States.
Here is your Cheat Sheet to Apollo Residential Mortgage Earnings:
Earnings Expectations: Analysts expect earnings of $0.68 per share on revenues of $26.42 million. Currently, the company’s P/E ratio stands at 2.65.
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 $0.71 to a profit $0.69. For the current year, the average estimate is a profit of $2.77, which is worse than the estimate ninety days ago.
Here’s how Apollo Residential Mortgage has been performing on an annual basis:
|Revenue ($) in millions||0.00||187.34|
|Diluted EPS ($)||0.0006||8.36|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||22.40||29.82||74.29||60.83|
|Diluted EPS ($)||1.95||1.24||2.91||2.105|
Apollo Residential Mortgage has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
“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)