StanCorp Financial Group, Inc. (NASDAQ:SFG) will unveil its latest earnings on Thursday, July 21, 2011. StanCorp Financial Group, Inc. is a holding company and conducts business through wholly-owned operating subsidiaries throughout the United States. It operates through two segments: Insurance Services and Asset Management. Investing in Banks: Mortgage Troubles Still Looming Large>>
StanCorp Financial Group, Inc. Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for profit of $1.03 per share, a decline of 1% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.21. Between one and three months ago, the average estimate moved down and dropped from $1.07 during the last month. For the year, analysts are projecting net income of $4.07 per share, a decline of 13.4% from last year.
Past Earnings Performance: The company met estimates last quarter after beating the forecasts in the prior two. In the first quarter, the company reported profit of 76 cents per share versus a mean estimate of net income of 76 cents per share. In the fourth quarter of the last fiscal year, the company beat estimates by 12 cents.
Wall St. Revenue Expectations: On average, analysts predict $717.2 million in revenue this quarter, a rise of 3.8% from the year ago quarter. Analysts are forecasting total revenue of $2.87 billion for the year, a rise of 3.6% from last year’s revenue of $2.77 billion.
Analyst Ratings: Analysts seem relatively indifferent about StanCorp Financial Group with nine of 11 analysts surveyed maintaining a hold rating.
While the company has been profitable for the last eight quarters, income has fallen year over year by an average of 23.8% over the past four quarters. The quarter hit the hardest was the most recent quarter, that saw a 32.2% drop.
The company’s revenue has now risen for two straight quarters. In first quarter, revenue increased 5.7% to $717.7 million from the year earlier quarter. In the fourth quarter of the last fiscal year, the figure rose 3.1%.
Competitors to Watch: MetLife, Inc. (NYSE:MET), CNO Financial Group, Inc. (NYSE:CNO), Protective Life Corp. (NYSE:PL), Independence Holding Co. (NYSE:IHC), Kansas City Life Insurance Co (NASDAQ:KCLI), Lincoln National Corp. (NYSE:LNC), Presidential Life Corp (NASDAQ:PLFE), Delphi Financial Group, Inc. (NYSE:DFG), Torchmark Corporation (NYSE:TMK), American Insurance Group (NYSE:AIG) and Prudential Financial, Inc. (NYSE:PRU).
Stock Price Performance: During May 18, 2011 to July 15, 2011, the stock price had fallen $3.23 (-7.4%) from $43.84 to $40.61. The stock price saw one of its best stretches over the last year between December 6, 2010 and December 14, 2010 when shares rose for seven-straight days, rising 6.3% (+$2.73) over that span. It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven-straight days, falling 6.8% (-$2.92) over that span. Shares are down $4.53 (-10%) year to date.
(Source: Xignite Financials)
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