S&P 500 (NYSE:SPY) component Pepco Holdings, Inc. (NYSE:POM) will unveil its latest earnings on Thursday, August 4, 2011. Pepco Holdings, Inc. is an energy company that delivers electricity and natural gas and generates and supplies energy generation.
Pepco Holdings, Inc. Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for profit of 31 cents per share, a decline of 8.8% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate moved down, but has risen from 29 cents during the last month. For the year, analysts are projecting net income of $1.20 per share, a decline of 3.2% from last year.
Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 7 cents, reporting profit of 27 cents per share against a mean estimate of net income of 20 cents per share.
Analyst Ratings: Analysts seem relatively indifferent about Pepco Holdings with 10 of 11 analysts surveyed maintaining a hold rating.
Revenue has fallen in the past four quarters. Revenue declined 30.7% to $1.63 billion in first quarter. The figure fell 28.9% in the fourth quarter of the last fiscal year from the year earlier, dropped 18.6% in third quarter of the last fiscal year from the year-ago quarter and 20.8% in the second quarter of the last fiscal year.
Competitors to Watch: Public Service Enterprise Group Inc. (NYSE:PEG), NextEra Energy, Inc. (NYSE:NEE), FirstEnergy Corp. (NYSE:FE), Northeast Utilities System (NYSE:NU), Constellation Energy Group, Inc. (NYSE:CEG), DPL Inc. (NYSE:DPL), The Southern Company (NYSE:SO), Consolidated Edison, Inc. (NYSE:ED), Exelon Corporation (NYSE:EXC), and Duke Energy Corporation (NYSE:DUK).
Stock Price Performance: During June 30, 2011 to July 29, 2011, the stock price had dropped 95 cents (-4.8%) from $19.63 to $18.68. The stock price saw one of its best stretches over the last year between April 19, 2011 and May 3, 2011 when shares rose for 10-straight days, rising 7.9% (+$1.41) over that span. It saw one of its worst periods between July 21, 2011 and July 29, 2011 when shares fell for seven-straight days, falling 4.7% (-92 cents) over that span. Shares are up 94 cents (+5.3%) year to date.
(Source: Xignite Financials)