Coresite Realty Earnings Preview: Get Ahead of the Analysts

Coresite Realty (NYSE:COR) will report earnings before markets open on Thursday, July 25th. Coresite Realty Corporation develops, owns and operates data centers in the United States. The data centers include ample and redundant power and advanced cooling and security systems, and many are points of dense network interconnection.

Here is your Cheat Sheet to Coresite Realty Earnings:

Earnings Expectations: Analysts expect earnings of $0.43 per share on revenues of $56.72 million. Currently, the company’s P/E ratio stands at 120.29.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.46 and has not changed. For the current year, the average estimate is a profit of $1.79, which is the same as the estimate ninety days ago.

Earnings Trends:

Here’s how Coresite Realty has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 16 29 74 173 207
Diluted EPS ($) NA -0.39 NA -0.24 0.24

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 ($) in millions 50.64 53.76 55.25 55.09
Diluted EPS ($) 0.04 0.06 0.11 0.09

Past Performance:
Coresite Realty has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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