Liberty Property Trust: Here’s What Investors Need to Know Before Earnings
Liberty Property Trust (NYSE:LRY) will report earnings before markets open on Tuesday, July 23rd. Liberty Property Trust is a real estate investment trust (REIT) which owns suburban office and industrial properties. The Company operates through its Liberty Property Limited Partnership subsidiary.
Here is your Cheat Sheet to Liberty Property Trust Earnings:
Earnings Expectations: Analysts expect earnings of $0.66 per share on revenues of $175.71 million. Currently, the company’s P/E ratio stands at 27.87.
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 $0.67 to a profit $0.66. For the current year, the average estimate is a profit of $2.64, which is worse than the estimate ninety days ago.
Here’s how Liberty Property Trust has been performing on an annual basis:
|Revenue ($) in millions||749||744||747||668||686|
|Diluted EPS ($)||1.62||0.52||1.12||1.59||1.17|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||169.20||171.73||176.23||176.57|
|Diluted EPS ($)||0.29||0.24||0.32||0.60|
Liberty Property Trust 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)