EMC Insurance Group Earnings: What Investors Should Watch

EMC Insurance Group (NASDAQ:EMCI) will report earnings before markets open on Thursday, May 9th. EMC Insurance Group, Inc. is an insurance holding company. The Company provides property and casualty insurance, reinsurance, nonstandard risk automobile insurance, and excess and surplus lines insurance. EMC Insurance operates in the United States.

Here is your Cheat Sheet to Emc Insurance Group Earnings:

Earnings Expectations: Analysts expect earnings of $0.96 per share on revenues of $121.69 million. Currently, the company’s P/E ratio stands at 9.63.

Analyst Trends:

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 $0.26 to a profit $0.31. For the current year, the average estimate is a profit of $2.5, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Emc Insurance Group has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 413.89 450.45 443.26 472.64 511.87
Diluted EPS ($) -0.13 3.44 2.40 -0.21 2.95

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 126.05 130.07 120.50 132.56 128.73
Diluted EPS ($) 0.7769 1.49 -0.20 0.65 1.008

Past Performance:
Emc Insurance Group has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.

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