Vectren Earnings Preview: Can This Streak Continue?
Vectren (NYSE:VVC) will report earnings after markets close on Wednesday, May 1st. Vectren Corporation distributes gas in Indiana and western Ohio and electricity in southern Indiana. The Company’s subsidiaries provide energy-related products and services, including energy marketing, fiber-optic telecommunications services, and utility related services. Vectren’s services include materials management, debt collection, locating, trenching and meter reading services.
Here is your Cheat Sheet to Vectren Earnings:
Earnings Expectations: Analysts expect earnings of $0.68 per share on revenues of $591.45 million. Currently, the company’s P/E ratio stands at 18.81.
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 $0.26. For the current year, the average estimate is a profit of $1.99, which is better than the estimate ninety days ago.
Here’s how Vectren has been performing on an annual basis:
|Revenue ($) in millions||2,485||2,089||2,130||2,325||2,233|
|Diluted EPS ($)||1.63||1.64||1.64||1.73||1.94|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||627.40||604.60||470.60||513.50||644.10|
|Diluted EPS ($)||0.5676||0.62||0.31||0.48||0.5213|
Vectren has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats 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)