NV Energy: Here’s What Investors Need to Know Before Earnings
Nv Energy (NYSE:NVE) will report earnings before markets open on Friday, May 3rd. NV Energy, Inc., through its subsidiaries, generates, transmits, and distributes electric energy throughout Nevada and the Lake Tahoe area of California. The Company provides natural gas services in the Reno Sparks area of Nevada.
Here is your Cheat Sheet to Nv Energy Earnings:
Earnings Expectations: Analysts expect earnings of $0.08 per share on revenues of $615.68 million. Currently, the company’s P/E ratio stands at 15.86.
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 $0.25 and has not changed. For the current year, the average estimate is a profit of $1.3, which is better than the estimate ninety days ago.
Here’s how Nv Energy has been performing on an annual basis:
|Revenue ($) in millions||3,528||3,586||3,280||2,943||2,979|
|Diluted EPS ($)||0.89||0.78||0.96||0.69||1.35|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||609.60||611.42||740.70||1,026||600.57|
|Diluted EPS ($)||-0.1070||0.05||0.29||0.94||0.0721|
Nv Energy has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)