First Niagara Financial Group Earnings: Your Sneak Peek to the Big Announcement
First Niagara Financial Group (NASDAQ:FNFG) will report earnings before markets open on Friday, July 19th. First Niagara Financial Group, Inc. is a bank holding company. The Banks provide an array of deposit products and loans, as well as insurance, leasing, investment advisory services, insurance agency services, and trust services.
Here is your Cheat Sheet to First Niagara Financial Group Earnings:
Earnings Expectations: Analysts expect earnings of $0.18 per share on revenues of $359.25 million. Currently, the company’s P/E ratio stands at 24.20.
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 $0.19 and has not changed. For the current year, the average estimate is a profit of $0.75, which is the same as the estimate ninety days ago.
Here’s how First Niagara Financial Group has been performing on an annual basis:
|Revenue ($) in millions||557||617||932||1,311||1,536|
|Diluted EPS ($)||0.81||0.46||0.70||0.64||0.40|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||395.44||404.07||375.42||384.91|
|Diluted EPS ($)||-0.05||0.14||0.15||0.17|
First Niagara Financial Group has beat analyst estimates 2 times 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)