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.

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 $0.26. For the current year, the average estimate is a profit of $1.99, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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)