Colonial Properties Trust Fourth Quarter Earnings Sneak Peek

  Google+ | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Stock Price Performance: Between November 19, 2012 and January 17, 2013, the stock price had risen $1.94 (9.6%), from $20.16 to $22.10. The stock price saw one of its best stretches over the last year between August 14, 2012 and August 22, 2012, when shares rose for seven straight days, increasing 3.4% (+73 cents) over that span. It saw one of its worst periods between November 6, 2012 and November 14, 2012 when shares fell for seven straight days, dropping 8.5% (-$1.85) over that span.

Analyst Ratings: With three analysts rating the stock as a buy, two rating it as a sell and one rating it as a hold, there are indications of a bullish outlook.

Key Stats:

On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 22.4% in the fourth quarter of the last fiscal year, 8.5% in the first quarter and 23.6% in the second quarter before increasing again in the third quarter.

Wall St. Revenue Expectations: On average, analysts predict $99.6 million in revenue this quarter, a decline of 0.8% from the year-ago quarter. Analysts are forecasting total revenue of $395.3 million for the year, a rise of 3.7% from last year’s revenue of $381.3 million.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute — click here and get our CHEAT SHEET stock picks now.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business