Zions Bancorp.: Here’s What Investors Need to Know Before Earnings

Zions Bancorp. (NASDAQ:ZION) will report earnings after markets close on Monday, April 22nd. Zions Bancorporation is a bank holding company that operates full-service banking offices in western United States. The Company also offers an array of investment, mortgage, insurance, and electronic commerce services. In addition, Zions provides financing solutions for small businesses across the United States.

Here is your Cheat Sheet to Zions Bancorp. Earnings:

Earnings Expectations: Analysts expect earnings of $0.39 per share on revenues of $553.93 million. Currently, the company’s P/E ratio stands at 24.28.

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 $0.42 to a profit $0.41. For the current year, the average estimate is a profit of $1.73, which is the same as the estimate ninety days ago.

The stock market is at 5-year highs! Discover the best stocks to buy in today’s market. CLICK HERE for Your Stock Investor Cheat Sheet NOW!

Earnings Trends:

Here’s how Zions Bancorp. has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 3,165 3,319 2,760 2,687 2,459
Diluted EPS ($) -2.68 -9.92 -2.48 0.83 0.97

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 ($) in millions 637.78 630.70 641.25 634.23 552.42
Diluted EPS ($) 0.24 0.14 0.30 0.34 0.19

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

“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)