National Interstate Earnings Preview: Get Ahead of the Analysts

National Interstate (NASDAQ:NATL) will report earnings after markets close on Tuesday, April 30th. National Interstate Corporation is a specialty property and casualty insurance company with a focus on the transportation industry. The Company offers its products through multiple distribution channels including independent agents and brokers, affiliated agencies, and via the Internet.

Here is your Cheat Sheet to National Interstate Earnings:

Earnings Expectations: Analysts expect earnings of $0.44 per share on revenues of $118.37 million. Currently, the company’s P/E ratio stands at 16.41.

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 $0.44 to a profit $0.43. For the current year, the average estimate is a profit of $1.81, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how National Interstate has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 293.72 304.45 397.13 468.52 502.47
Diluted EPS ($) 0.55 2.40 2.03 1.82 1.75

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 ($) in millions 120.87 121.88 121.05 125.51 134.03
Diluted EPS ($) 0.6267 0.50 0.37 0.46 0.4203

Past Performance:
National Interstate 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]