Tcf Financial: Here’s What Investors Need to Know Before Earnings
Tcf Financial (NYSE:TCB) will report earnings before markets open on Tuesday, July 23rd. TCF Financial Corporation is a national financial holding company. The Company provides retail and commercial banking services. TCF Financial also offers commercial leasing & equipment and commercial inventory financing.
Here is your Cheat Sheet to Tcf Financial Earnings:
Earnings Expectations: Analysts expect earnings of $0.21 per share on revenues of $202.08 million. Currently, the company’s P/E ratio stands at 27.42.
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 $0.25 to a profit $0.24. For the current year, the average estimate is a profit of $0.86, which is worse than the estimate ninety days ago.
Here’s how Tcf Financial has been performing on an annual basis:
|Revenue ($) in millions||1,463||1,484||1,508||1,382||1,375|
|Diluted EPS ($)||1.01||0.54||1.05||0.71||-1.37|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||331.10||331.91||319.16||308.25|
|Diluted EPS ($)||0.20||0.06||0.15||0.16|
Tcf Financial has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses 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)