First Interstate Bancsystem Earnings: What Investors Should Watch

First Interstate Bancsystem (NASDAQ:FIBK) will report earnings after markets close on Monday, July 22nd. First Interstate BancSystem, Inc. is the holding company of First Interstate Bank. The Bank attracts deposits and offers business and consumer loans, mortgages, investment products, and trust services. Through a subsidiary, First Interstate BancSystem reinsures credit life and disability insurance. The Bank operates in Montana and Wyoming.

Here is your Cheat Sheet to First Interstate Bancsystem Earnings:

Earnings Expectations: Analysts expect earnings of $0.39 per share on revenues of $88.22 million. Currently, the company’s P/E ratio stands at 15.13.

Analyst Trends:

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 profit of $0.36 to a profit $0.39. For the current year, the average estimate is a profit of $1.64, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how First Interstate Bancsystem has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 484 429 405 385 389
Diluted EPS ($) NA 6.37 0.85 0.96 1.27

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 ($) in millions 96.73 98.36 98.24 93.88
Diluted EPS ($) 0.28 0.35 0.37 0.46

Past Performance:
First Interstate Bancsystem has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)