Oriental Financial Group Earnings: What Investors Should Watch
Oriental Financial Group (NYSE:OFG) will report earnings after markets close on Monday, July 22nd. Oriental Financial Group Inc. is the holding company for Oriental Bank & Trust. The Bank provides trust, money management, financial planning, and investment brokerage services, as well as consumer banking and mortgage banking. Oriental Bank operates through a network of branch offices in Puerto Rico.
Here is your Cheat Sheet to Oriental Financial Group Earnings:
Earnings Expectations: Analysts expect earnings of $0.37 per share on revenues of $89.16 million. Currently, the company’s P/E ratio stands at 33.78.
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 $0.45 to a profit $0.4. For the current year, the average estimate is a profit of $1.5, which is worse than the estimate ninety days ago.
Here’s how Oriental Financial Group has been performing on an annual basis:
|Revenue ($) in millions||327||317||309||328||285|
|Diluted EPS ($)||0.90||0.75||-0.49||0.67||0.35|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||78.00||79.34||45.00||122.88|
|Diluted EPS ($)||0.34||0.35||-0.53||0.37|
Oriental Financial Group 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)