CoreLogic Earnings Preview: Can This Streak Continue?
CoreLogic (NYSE:CLGX) will report earnings after markets close on Wednesday, July 24th. CoreLogic, Inc. provides consumer, financial and property information, analytics and services to business and government. The Company combines public, contributory and proprietary data to develop predictive decision analytics. CoreLogic offers mortgage and automotive credit reporting, property tax, valuation, flood determination, and geospatial analytics and services.
Here is your Cheat Sheet to Corelogic Earnings:
Earnings Expectations: Analysts expect earnings of $0.45 per share on revenues of $412.26 million. Currently, the company’s P/E ratio stands at 20.96.
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 $0.47 to a profit $0.46. For the current year, the average estimate is a profit of $1.77, which is better than the estimate ninety days ago.
Here’s how Corelogic has been performing on an annual basis:
|Revenue ($) in millions||6,214||5,973||1,623||1,339||1,568|
|Diluted EPS ($)||-0.28||2.09||-0.67||-0.61||1.09|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||389.36||409.76||410.41||397.17|
|Diluted EPS ($)||0.40||0.37||0.15||0.34|
Corelogic has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats 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)