Camden Property Trust Earnings Preview: Can This Streak Continue?

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Camden Property Trust (NYSE:CPT) will report earnings after markets close on Thursday, July 25th. Camden Property Trust is a self-administered and self-managed real estate investment trust. The Company owns and operates multifamily apartment communities located in the Southwest region of the United States. The properties are located in Texas, Florida, Missouri, North Carolina, Arizona and Kentucky.

Here is your Cheat Sheet to Camden Property Trust Earnings:

Earnings Expectations: Analysts expect earnings of $0.99 per share on revenues of $201.24 million. Currently, the company’s P/E ratio stands at 24.80.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $1.01 and has not changed. For the current year, the average estimate is a profit of $4.01, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Camden Property Trust has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 624 624 610 0 728
Diluted EPS ($) 1.28 -0.80 0.47 0.66 3.30

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 ($) in millions 186.04 194.20 191.43 196.19
Diluted EPS ($) 0.26 0.35 1.60 0.72

Past Performance:
Camden Property Trust 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)

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