Pennsylvania Real Estate Investment Trust Earnings Preview: Can This Streak Finally End?

Pennsylvania Real Estate Investment Trust (NYSE:PEI) will report earnings after markets close on Tuesday, July 23rd. Pennsylvania Real Estate Investment Trust is a self-administered real estate investment trust involved in acquiring, managing and holding real estate interests for current yield and long-term appreciation. The Company’s real estate holdings consist of shopping malls, strip and power centers, and industrial properties in the Mid-Atlantic and Southeastern United States.

Here is your Cheat Sheet to Pennsylvania Real Estate Investment Trust Earnings:

Earnings Expectations: Analysts expect earnings of $0.38 per share on revenues of $86.96 million.

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 $0.49 to a profit $0.44. For the current year, the average estimate is a profit of $1.8, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Pennsylvania Real Estate Investment Trust has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 474 463 456 457 427
Diluted EPS ($) -0.30 -2.09 -1.04 -1.66 -0.89

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 109.12 112.88 115.77 105.98
Diluted EPS ($) -0.25 -0.27 -0.19 0.37

Past Performance:
Pennsylvania Real Estate Investment Trust has missed analyst estimates 4 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]