Teco Energy Earnings Preview: Get Ahead of the Analysts

Teco Energy (NYSE:TE) will report earnings after markets close on Tuesday, April 30th. TECO Energy, Inc. is a diversified, energy-related utility holding company. The Company, through various subsidiaries, provides retail electric service to customers in west central Florida, as well as purchases, distributes, and markets natural gas for residential, commercial, industrial, and electric power generation customers. Teco also has coal operations.

Here is your Cheat Sheet to Teco Energy Earnings:

Earnings Expectations: Analysts expect earnings of $0.17 per share on revenues of $664.53 million. Currently, the company’s P/E ratio stands at 18.81.

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 $0.34 to a profit $0.27. For the current year, the average estimate is a profit of $0.96, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 3,375 3,310 3,488 3,210 2,997
Diluted EPS ($) 0.77 1.00 1.11 1.27 0.99

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 720.10 730.00 788.40 858.60 688.40
Diluted EPS ($) 0.2473 0.23 0.34 0.20 0.2102

Past Performance:
Teco Energy has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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