Ryland Group Earnings Preview: Get Ahead of the Analysts
Ryland Group (NYSE:RYL) will report earnings after markets close on Wednesday, July 24th. The Ryland Group, Inc. is a homebuilder and mortgage-related finance firm. The Company’s homebuilding segment specializes in the sale and construction of single-family attached and detached housing. Ryland’s financial services segment provides various mortgage-related products and services for retail customers.
Here is your Cheat Sheet to Ryland Group Earnings:
Earnings Expectations: Analysts expect earnings of $0.63 per share on revenues of $494.64 million. Currently, the company’s P/E ratio stands at 30.74.
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 $0.67 to a profit $0.83. For the current year, the average estimate is a profit of $2.79, which is better than the estimate ninety days ago.
Here’s how Ryland Group has been performing on an annual basis:
|Revenue ($) in millions||1,976||1,284||1,064||891||1,308|
|Diluted EPS ($)||-9.33||-3.74||-1.93||-1.14||0.84|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||293.77||358.69||440.14||374.68|
|Diluted EPS ($)||0.14||0.22||0.55||0.43|
Ryland Group has beat analyst estimates 3 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)