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.

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 $0.67 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.

Earnings Trends:

Here’s how Liberty Property Trust has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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)