NorthStar Realty Finance Earnings Preview: Get Ahead of the Analysts
NorthStar Realty Finance (NYSE:NRF) will report earnings before markets open on Friday, May 3rd. NorthStar Realty Finance Corp. is an internally-managed real estate company. The Company makes investments in real estate debt, real estate securities, and net lease properties.
Here is your Cheat Sheet to Northstar Realty Finance Earnings:
Earnings Expectations: Analysts expect earnings of $0.35 per share on revenues of $153.02 million.
Analyst Trends:
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.34 and has not changed. For the current year, the average estimate is a profit of $1.39, which is better than the estimate ninety days ago.
Earnings Trends:
Here’s how Northstar Realty Finance has been performing on an annual basis:
| Fiscal Year | 2008 | 2009 | 2010 | 2011 | 2012 |
| Revenue ($) in millions | 364.68 | 266.08 | 396.39 | 482.53 | 504.68 |
| Diluted EPS ($) | 9.65 | -2.16 | -5.17 | -2.94 | -2.31 |
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
| Quarter | Dec. 31, 2011 | Mar. 31, 2012 | Jun. 30, 2012 | Sep. 30, 2012 | Dec. 31, 2012 |
| Revenue ($) in millions | 390.12 | 117.27 | 122.17 | 44.05 | 382.01 |
| Diluted EPS ($) | -0.8606 | -0.33 | -0.62 | -1.11 | -0.1980 |
Past Performance:
Northstar Realty Finance 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)