Popular Earnings: Your Sneak Peek to the Big Announcement

Popular (NASDAQ:BPOP) will report earnings before markets open on Thursday, July 18th. Popular, Inc. is a bank holding company that provides commercial banking services through branches in Puerto Rico, the British Virgin Islands, the Dominican Republic, and the United States mainland. The Company also provides mortgage and consumer finance, lease financing, investment banking and broker/dealer activities, retail financial services, and automated tellers.

Here is your Cheat Sheet to Popular Earnings:

Earnings Expectations: Analysts expect earnings of $0.68 per share on revenues of $498.85 million. Currently, the company’s P/E ratio stands at 44.93.

Analyst Trends:

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 $0.75 to a profit $0.74. For the current year, the average estimate is a profit of $2.77, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Popular has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 3,104 2,751 3,236 2,498 2,218
Diluted EPS ($) -45.50 2.40 -0.60 1.40 2.35

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 ($) in millions 533.81 549.71 570.77 446.81
Diluted EPS ($) 0.63 0.45 0.81 -1.18

Past Performance:
Popular has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)