Inland Real Estate: Here’s What Investors Need to Know Before Earnings

Inland Real Estate (NYSE:IRC) will report earnings before markets open on Thursday, May 9th. Inland Real Estate Corporation is a real estate investment trust that acquires neighborhood retail centers and community centers located in Illinois. The Company may acquire, from time to time, single user retail properties located throughout the United States. Inland may also construct or develop properties and render services in connection with developing and constructing projects.

Here is your Cheat Sheet to Inland Real Estate Earnings:

Earnings Expectations: Analysts expect earnings of $0.22 per share on revenues of $38.80 million. Currently, the company’s P/E ratio stands at 104.39.

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 $0.23 to a profit $0.22. For the current year, the average estimate is a profit of $0.91, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Inland Real Estate has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 188.84 168.02 47.98 44.36 43.64
Diluted EPS ($) 0.46 0.10 -0.0413 -0.0132 0.0172

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions -83.96 39.78 40.40 40.89 -77.13
Diluted EPS ($) 0.0868 -0.03 0.06 -0.01 -0.0028

Past Performance:
Inland Real Estate 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]