Infinity Property And Casualty Earnings Preview: Can This Streak Finally End?

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Infinity Property And Casualty (NASDAQ:IPCC) will report earnings before markets open on Thursday, May 9th. Infinity Property & Casualty Corporation provides personal automobile insurance throughout the United States. The Company focuses on providing nonstandard auto insurance to drivers who represent higher than normal risks and pay higher rates for comparable coverage. Infinity also writes nonstandard commercial auto insurance and complementary personal lines insurance products.

Here is your Cheat Sheet to Infinity Property And Casualty Earnings:

Earnings Expectations: Analysts expect earnings of $0.57 per share on revenues of $328.46 million. Currently, the company’s P/E ratio stands at 27.98.

Analyst Trends:

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 $0.67 to a profit $0.66. For the current year, the average estimate is a profit of $2.75, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Infinity Property And Casualty has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 930.92 883.42 961.28 1,073 1,250
Diluted EPS ($) 1.23 5.09 6.91 3.37 2.04

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 ($) in millions 289.99 287.40 0.00 313.73 342.51
Diluted EPS ($) 1.493 0.35 0.58 0.44 0.6660

Past Performance:
Infinity Property And Casualty has missed analyst estimates 4 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)

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