Itt Educational Services Earnings Preview: Get Ahead of the Analysts
Itt Educational Services (NYSE:ESI) will report earnings before markets open on Thursday, July 25th. ITT Educational Services, Inc. provides technology-oriented postsecondary degree programs in the United States. The Company’s institutes offer associate, bachelor, and master degree programs, as well as non-degree diploma programs.
Here is your Cheat Sheet to Itt Educational Services Earnings:
Earnings Expectations: Analysts expect earnings of $0.90 per share on revenues of $273.00 million. Currently, the company’s P/E ratio stands at 5.76.
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 $0.75 to a profit $0.73. For the current year, the average estimate is a profit of $3.97, which is better than the estimate ninety days ago.
Here’s how Itt Educational Services has been performing on an annual basis:
|Revenue ($) in millions||1,015||1,319||1,597||1,500||1,287|
|Diluted EPS ($)||5.17||7.91||11.17||11.13||5.85|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||329.83||314.75||300.84||287.71|
|Diluted EPS ($)||1.96||1.83||-0.41||1.33|
Itt Educational Services 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)