Associated Estates Realty Earnings: Your Sneak Peek to the Big Announcement
Associated Estates Realty (NYSE:AEC) will report earnings after markets close on Tuesday, July 23rd. Associated Estates Realty Corporation operates as a self-administered and self managed real estate investment trust. The Company specializes in the development, acquisition, ownership and management of multifamily properties in the Midwest and currently owns or is a joint venture partner in multifamily properties in Indiana, Ohio, Michigan and Western Pennsylvania.
Here is your Cheat Sheet to Associated Estates Realty Earnings:
Earnings Expectations: Analysts expect earnings of $0.32 per share on revenues of $45.72 million. Currently, the company’s P/E ratio stands at 18.44.
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 $0.33 to a profit $0.32. For the current year, the average estimate is a profit of $1.29, which is worse than the estimate ninety days ago.
Here’s how Associated Estates Realty has been performing on an annual basis:
|Revenue ($) in millions||135||130||154||176||175|
|Diluted EPS ($)||1.98||0.10||-0.38||0.13||0.66|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||42.31||45.84||46.96||44.99|
|Diluted EPS ($)||0.54||0.04||0.14||0.20|
Associated Estates Realty has beat analyst estimates 2 times 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)