Privatebancorp Earnings Preview: Can This Streak Continue?

Privatebancorp (NASDAQ:PVTB) will report earnings before markets open on Thursday, July 18th. PrivateBancorp, Inc., is a diversified financial services company. The Company through its subsidiaries, delivers business and personal financial service to middle-market commercial and commercial real estate companies, as well as business owners, executives, entrepreneurs and wealthy families.

Here is your Cheat Sheet to Privatebancorp Earnings:

Earnings Expectations: Analysts expect earnings of $0.34 per share on revenues of $131.49 million. Currently, the company’s P/E ratio stands at 20.71.

Analyst Trends:

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 $0.31 to a profit $0.34. For the current year, the average estimate is a profit of $1.38, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 447 550 601 579 598
Diluted EPS ($) -3.11 -0.95 -0.17 0.43 0.88

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 ($) in millions 147.71 149.87 152.65 151.88
Diluted EPS ($) 0.19 0.27 0.26 0.35

Past Performance:
Privatebancorp has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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