Post Properties Earnings Preview: Can This Streak Continue?
Post Properties (NYSE:PPS) will report earnings after markets close on Monday, April 29th. Post Properties, Inc. develops and operates upscale multi-family apartment communities in the Southeastern and Southwestern United States. The Company operates as a self-administered and self-managed Real Estate Investment Trust whose primary business consists of developing and managing Post brand name apartment communities for its own account.
Here is your Cheat Sheet to Post Properties Earnings:
Earnings Expectations: Analysts expect earnings of $0.71 per share on revenues of $87.63 million. Currently, the company’s P/E ratio stands at 33.95.
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 $0.72 to a profit $0.74. For the current year, the average estimate is a profit of $2.9, which is better than the estimate ninety days ago.
Here’s how Post Properties has been performing on an annual basis:
|Revenue ($) in millions||281.94||276.32||285.14||305.32||334.91|
|Diluted EPS ($)||-0.37||-0.24||-0.30||0.38||1.48|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||77.75||80.28||82.16||86.37||86.10|
|Diluted EPS ($)||0.07||0.39||0.37||0.39||0.33|
Post Properties has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats 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)