Eagle Bancorp Earnings Preview: Can This Streak Continue?
Eagle Bancorp (NASDAQ:EGBN) will report earnings after markets close on Monday, July 22nd. Eagle Bancorp, Inc. is the holding company for EagleBank. The Bank provides real estate, commercial, and consumer lending, as well as traditional demand deposits and savings products to customers primarily in Montgomery County, Maryland.
Here is your Cheat Sheet to Eagle Bancorp Earnings:
Earnings Expectations: Analysts expect earnings of $0.42 per share on revenues of $42.00 million. Currently, the company’s P/E ratio stands at 15.71.
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 $0.45 to a profit $0.42. For the current year, the average estimate is a profit of $1.67, which is worse than the estimate ninety days ago.
Here’s how Eagle Bancorp has been performing on an annual basis:
|Revenue ($) in millions||70||92||106||133||163|
|Diluted EPS ($)||0.56||0.50||0.70||1.04||1.46|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||39.02||41.49||44.22||46.04|
|Diluted EPS ($)||0.34||0.40||0.39||0.44|
Eagle Bancorp 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)