LPL Investment Holdings Second Quarter Earnings Sneak Peek

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LPL Investment Holdings Inc. (NASDAQ:LPLA) will unveil its latest earnings on Tuesday, July 31, 2012. LPL Investment provides brokerage and investment advisory services through business relationships with financial advisors, registered investment advisors, and financial institutions.

LPL Investment Holdings Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 52 cents per share, a rise of 4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 57 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 53 cents during the last month. Analysts are projecting profit to rise by 22.8% versus last year to $2.10.

Past Earnings Performance: The company fell in line with estimates last quarter after missing in the prior quarter. After falling short of the mean estimate by 5 cents in the fourth quarter of the last fiscal year, the company fell in line with expectations by reporting profit of 54 cents last quarter.

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A Look Back: In the first quarter, profit fell 16% to $41.2 million (37 cents a share) from $49 million (43 cents a share) the year earlier, meeting analyst expectations. Revenue rose 3.2% to $901.8 million from $873.9 million.

Stock Price Performance: Between April 30, 2012 and July 25, 2012, the stock price fell $3.93 (-11%), from $35.89 to $31.96. The stock price saw one of its best stretches over the last year between January 4, 2012 and January 20, 2012, when shares rose for 12 straight days, increasing 13.9% (+$4.24) over that span. It saw one of its worst periods between July 16, 2012 and July 24, 2012 when shares fell for seven straight days, dropping 7% (-$2.40) over that span.

Wall St. Revenue Expectations: Analysts predict a rise of 2.2% in revenue from the year-earlier quarter to $913.6 million.

Key Stats:

On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 13.8% in the second quarter of the last fiscal year, 16.2% in the third quarter of the last fiscal year and 1.1% in the fourth quarter of the last fiscal year before increasing again in the first quarter.

Analyst Ratings: There are mostly holds on the stock with eight of 10 analysts surveyed giving that rating.

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

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