Pennsylvania Real Estate Investment Trust Earnings Preview: Get Ahead of the Analysts

Pennsylvania Real Estate Investment Trust (NYSE:PEI) will report earnings after markets close on Monday, April 22nd. 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 $0.43 per share on revenues of $71.81 million.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.38 to a profit $0.43. For the current year, the average estimate is a profit of $1.95, which is better than the estimate ninety days ago.

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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 ($) in millions 461.04 451.31 426.06 427.00 427.18
Diluted EPS ($) -0.43 -2.11 -1.04 -1.66 -0.89

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 ($) in millions 94.58 109.62 109.12 112.88 95.57
Diluted EPS ($) -0.18 -0.25 -0.27 -0.19

Past Performance:
Pennsylvania Real Estate Investment Trust has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

“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)