Hanmi Financial Earnings Preview: Get Ahead of the Analysts
Hanmi Financial (NASDAQ:HAFC) will report earnings before markets open on Tuesday, July 23rd. Hanmi Financial Corporation is the holding company for Hanmi Bank. The Bank is a business bank with its primary focus on servicing multi-ethnic small businesses in southern California. Hanmi’s services include commercial small business association loans, trade finance, and consumer lending.
Here is your Cheat Sheet to Hanmi Financial Earnings:
Earnings Expectations: Analysts expect earnings of $0.31 per share on revenues of $34.96 million. Currently, the company’s P/E ratio stands at 5.87.
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 $0.32 and has not changed. For the current year, the average estimate is a profit of $1.27, which is better than the estimate ninety days ago.
Here’s how Hanmi Financial has been performing on an annual basis:
|Revenue ($) in millions||270||216||170||153||145|
|Diluted EPS ($)||-17.84||-20.56||-7.44||NA||2.87|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||37.15||35.92||37.61||37.75|
|Diluted EPS ($)||1.77||0.42||0.44||0.32|
Hanmi Financial has beat analyst estimates 3 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)