E*trade Financial Earnings: What Investors Should Watch

E*trade Financial (NASDAQ:ETFC) will report earnings after markets close on Wednesday, July 24th. E*TRADE Financial Corporation provides online brokerage and related products and services primarily to individual retail investors. The Company’s products and services include investor-focused banking, primarily sweep deposits and savings products, and asset gathering.

Here is your Cheat Sheet to E*trade Financial Earnings:

Earnings Expectations: Analysts expect earnings of $0.12 per share on revenues of $419.79 million.

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 $0.12 and has not changed. For the current year, the average estimate is a profit of $0.49, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how E*trade Financial has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 3,128 2,789 2,398 2,349 2,186
Diluted EPS ($) -10.00 -11.90 -0.13 0.54 -0.39

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 ($) in millions 452.41 490.04 467.66 419.86
Diluted EPS ($) 0.14 -0.10 -0.65 0.12

Past Performance:
E*trade Financial has beat analyst estimates 1 time 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)