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.
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 $1.8, which is worse than the estimate ninety days ago.
Here’s how Pennsylvania Real Estate Investment Trust has been performing on an annual basis:
|Revenue ($) 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|
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] wallstcheatsheet.com)