Associated Banc-corp (NASDAQ:ASBC) will report earnings after markets close on Thursday, July 18th. Associated Banc-Corp is a diversified multi-bank holding company. The Banks provide a complete range of banking services to individuals and businesses. Services include deposit accounts, a variety of loans, consumer-oriented financial services, and night depository facilities. Associated Banc-Corp operates in Wisconsin, Illinois, and Minnesota.
Here is your Cheat Sheet to Associated Banc-corp Earnings:
Earnings Expectations: Analysts expect earnings of $0.26 per share on revenues of $242.44 million. Currently, the company’s P/E ratio stands at 15.69.
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 $0.27 to a profit $0.26. For the current year, the average estimate is a profit of $1.04, which is the same as the estimate ninety days ago.
Here’s how Associated Banc-corp has been performing on an annual basis:
|Revenue ($) in millions||1,412||1,332||1,152||1,024||1,032|
|Diluted EPS ($)||1.29||-1.26||-0.18||0.66||1.00|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||254.54||259.64||258.38||257.35|
|Diluted EPS ($)||0.24||0.26||0.26||0.27|
Associated Banc-corp has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)