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.
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 $1.81, which is worse than the estimate ninety days ago.
Here’s how National Interstate has been performing on an annual basis:
|Revenue ($) 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|
National Interstate has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“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)