Health Care Reit Earnings: What Investors Should Watch
Health Care Reit (NYSE:HCN) will report earnings before markets open on Tuesday, May 7th. Health Care REIT, Inc. is a real estate investment trust. The Trust invests in senior housing and health care real estate. Health Care also provide an extensive array of property management and development services. The trust owns interests in nursing homes, retirement centers, assisted living facilities, and specialty care hospitals.
Here is your Cheat Sheet to Health Care Reit Earnings:
Earnings Expectations: Analysts expect earnings of $0.91 per share on revenues of $541.53 million. Currently, the company’s P/E ratio stands at 75.89.
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 $0.97 to a profit $0.94. For the current year, the average estimate is a profit of $3.78, which is worse than the estimate ninety days ago.
Here’s how Health Care Reit has been performing on an annual basis:
|Revenue ($) in millions||526.41||546.09||578.57||1,330||1,822|
|Diluted EPS ($)||2.76||1.49||0.83||0.90||0.98|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||352.88||435.36||453.08||474.14||468.54|
|Diluted EPS ($)||0.1461||0.19||0.25||0.16||0.3463|
Health Care Reit has beat analyst estimates 3 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)