Iberiabank: Here’s What Investors Need to Know Before Earnings

Iberiabank (NASDAQ:IBKC) will report earnings after markets close on Tuesday, July 23rd. IBERIABANK Corporation is the holding company for IBERIABANK, a commercial bank conducting business from a network of offices located throughout Louisiana. The Bank attracts deposits from the general public and uses those funds to originate consumer and commercial loans. IBERIABANK also offers discount brokerage services through a wholly owned subsidiary.

Here is your Cheat Sheet to Iberiabank Earnings:

Earnings Expectations: Analysts expect earnings of $0.72 per share on revenues of $142.58 million. Currently, the company’s P/E ratio stands at 28.87.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.84 to a profit $0.78. For the current year, the average estimate is a profit of $3.2, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 356 603 530 552 621
Diluted EPS ($) 3.04 8.03 1.88 1.87 2.59

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 ($) in millions 150.98 158.50 165.13 150.91
Diluted EPS ($) 0.43 0.73 0.79 0.02

Past Performance:
Iberiabank 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)