Glacier Bancorp Earnings Preview: Can This Streak Continue?

Glacier Bancorp (NASDAQ:GBCI) will report earnings after markets close on Thursday, July 25th. Glacier Bancorp, Inc. is a multi-bank holding company. The Banks attract deposits from the general public and use those funds to originate a variety of commercial and consumer loans.

Here is your Cheat Sheet to Glacier Bancorp Earnings:

Earnings Expectations: Analysts expect earnings of $0.30 per share on revenues of $55.38 million. Currently, the company’s P/E ratio stands at 21.31.

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 $0.29 to a profit $0.31. For the current year, the average estimate is a profit of $1.21, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Glacier Bancorp has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 364 389 376 358 345
Diluted EPS ($) 1.19 0.56 0.61 0.24 1.05

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 ($) in millions 85.98 85.99 85.06 80.90
Diluted EPS ($) 0.26 0.27 0.29 0.29

Past Performance:
Glacier Bancorp 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)

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