Maiden Holdings Earnings Preview: Get Ahead of the Analysts
Maiden Holdings (NASDAQ:MHLD) will report earnings after markets close on Wednesday, May 8th. Maiden Holdings Ltd. offers reinsurance services to subsidiaries of AmTrust Financial Services, Inc., small insurance companies and managing general agents in the United States.
Here is your Cheat Sheet to Maiden Holdings Earnings:
Earnings Expectations: Analysts expect earnings of $0.27 per share on revenues of $495.36 million. Currently, the company’s P/E ratio stands at 16.17.
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 $0.3 to a profit $0.28. For the current year, the average estimate is a profit of $1.17, which is worse than the estimate ninety days ago.
Here’s how Maiden Holdings has been performing on an annual basis:
|Revenue ($) in millions||419.77||983.15||1,248||1,640||1,900|
|Diluted EPS ($)||0.32||0.87||0.98||0.39||0.64|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||439.04||463.05||456.54||475.56||504.62|
|Diluted EPS ($)||0.2404||0.28||0.20||0.30||-0.0924|
Maiden Holdings has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)