Newcastle Investment Earnings: Your Sneak Peek to the Big Announcement

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Newcastle Investment (NYSE:NCT) will report earnings before markets open on Friday, May 3rd. Newcastle Investment Corporation is a real estate investment trust that invests in real estate securities and other real estate-related assets. The Company seeks to finance these investments primarily using match-funded financing structures.

Here is your Cheat Sheet to Newcastle Investment Earnings:

Earnings Expectations: Analysts expect earnings of $0.29 per share on revenues of $81.42 million. Currently, the company’s P/E ratio stands at 3.88.

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 $0.3 to a profit $0.32. For the current year, the average estimate is a profit of $1.28, which is better than the estimate ninety days ago.

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Earnings Trends:

Here’s how Newcastle Investment has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 48.76 370.86 410.34 320.75 481.40
Diluted EPS ($) -56.81 -4.23 10.96 3.65 2.94

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 ($) in millions 85.35 74.49 51.62 297.77 57.53
Diluted EPS ($) 0.6106 0.68 0.21 1.63 0.3168

Past Performance:
Newcastle Investment 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)

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