Viewpoint Financial Group Earnings: Your Sneak Peek to the Big Announcement

Viewpoint Financial Group (NASDAQ:VPFG) will report earnings after markets close on Tuesday, July 23rd. ViewPoint Financial Group is a bank holding company. The Company, through its banking subsidiary, accepts deposits, makes loans, and provides other financial services for the general public. The Bank operates in the Dallas/Fort Worth area of Texas.

Here is your Cheat Sheet to Viewpoint Financial Group Earnings:

Earnings Expectations: Analysts expect earnings of $0.24 per share on revenues of $30.58 million. Currently, the company’s P/E ratio stands at 22.41.

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 $0.28 to a profit $0.24. For the current year, the average estimate is a profit of $0.94, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 116 136 149 151 168
Diluted EPS ($) 0.18 0.08 0.59 0.81 0.98

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 ($) in millions 43.64 44.83 42.97 39.28
Diluted EPS ($) 0.17 0.30 0.27 0.21

Past Performance:
Viewpoint Financial Group 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)

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