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.
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 $0.78, which is worse than the estimate ninety days ago.
Here’s how People’s United Financial has been performing on an annual basis:
|Revenue ($) 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|
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.
“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)