Central Pacific Financial (NYSE:CPF) will report earnings before markets open on Thursday, July 25th. Central Pacific Financial Corp, through its Central Pacific Bank subsidiary, provides a variety of banking services and products. Services include personal and business deposit instruments, commercial and consumer loans, credit and debit card services, merchant services, traveler’s checks, safe deposit boxes, and trust services. Central Pacific operates in Hawaii.
Here is your Cheat Sheet to Central Pacific Financial Earnings:
Earnings Expectations: Analysts expect earnings of $0.29 per share on revenues of $31.88 million. Currently, the company’s P/E ratio stands at 4.60.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.18 to a profit $0.3. For the current year, the average estimate is a profit of $1.3, which is better than the estimate ninety days ago.
Here’s how Central Pacific Financial has been performing on an annual basis:
|Revenue ($) in millions||359||300||218||187||184|
|Diluted EPS ($)||-96.60||-206.20||-171.20||3.31||1.13|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||46.09||47.60||44.36||45.07|
|Diluted EPS ($)||0.26||0.26||0.29||3.25|
Central Pacific Financial 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)