Cedar Shopping Centers Earnings: What Investors Should Watch
Cedar Shopping Centers (NYSE:CDR) will report earnings after markets close on Thursday, May 9th. Cedar Shopping Centers Inc. is a real estate investment trust. The Company has investments primarily in multi-tenant, supermarket-anchored shopping centers and drug store-anchored convenience centers.
Here is your Cheat Sheet to Cedar Shopping Centers Earnings:
Earnings Expectations: Analysts expect earnings of $-0.04 per share on revenues of $37.55 million. Currently, the company’s P/E ratio stands at 47.84.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a loss of $0.1 to a loss $0.01. For the current year, the average estimate is a loss of $0.05, which is better than the estimate ninety days ago.
Here’s how Cedar Shopping Centers has been performing on an annual basis:
|Revenue ($) in millions||170.66||168.34||131.00||134.83||140.58|
|Diluted EPS ($)||0.24||-0.54||-0.81||-1.79||0.13|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||34.34||34.48||36.99||33.58||35.54|
|Diluted EPS ($)||-0.1150||-0.14||0.01||-0.07||0.3265|
Cedar Shopping Centers has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)