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.

Analyst Trends:

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.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
Tcf Financial has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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