People’s United Financial Earnings: What Investors Should Watch

People’s United Financial (NASDAQ:PBCT) will report earnings after markets close on Thursday, July 18th. People’s United Financial Inc. is a bank holding company. The Company, through its banking subsidiary, offers a full range of financial services to individual, corporate, and municipal customers primarily in Connecticut. The Bank issues credit cards and provides brokerage and investment planning, asset management, equipment leasing, and insurance services.

Here is your Cheat Sheet to People’s United Financial Earnings:

Earnings Expectations: Analysts expect earnings of $0.19 per share on revenues of $307.93 million. Currently, the company’s P/E ratio stands at 21.10.

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 $0.21 and has not changed. For the current year, the average estimate is a profit of $0.78, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how People’s United Financial has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,221 1,076 1,128 1,360 1,349
Diluted EPS ($) 0.42 0.30 0.24 0.57 0.72

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 ($) in millions 338.50 341.70 336.30 331.60
Diluted EPS ($) 0.19 0.18 0.18 0.16

Past Performance:
People’s United Financial has missed analyst estimates 3 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)