CapLease Earnings: Everything You Must Know Now

CapLease, Inc. (NYSE:LSE) delivered a profit and met Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

CapLease, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased to $0.16 in the quarter versus EPS of $0.15 in the year-earlier quarter.

Revenue: Decreased 14.93% to $41.6 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: CapLease, Inc. reported adjusted EPS income of $0.16 per share. By that measure, the company met the mean analyst estimate of $0.16. It beat the average revenue estimate of $35.21 million.

Quoting Management: Paul McDowell, Chairman and Chief Executive Officer, stated, “We made strong progress on our business plan during 2012. We continued to build acquisition momentum with the addition of about $190 million of new property acquisitions comprising 1.2 million square feet while aggressively managing our portfolio by extending lease maturities and maturing debt obligations. The progress we made allowed us to significantly increase the cash dividend on our common stock and positions us well for further growth in 2013 and beyond.”

Key Stats (on next page)…

Revenue decreased 1.16% from $42.09 million in the previous quarter. EPS was the same at $0.16 as the previous quarter.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

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