Penn Virginia Resource Partners LP Earnings Preview: Get Ahead of the Analysts
Penn Virginia Resource Partners LP (NYSE:PVR) will report earnings before markets open on Wednesday, July 24th. Penn Virginia Resource Partners, L.P. manages coal and natural resource properties and processes natural gas in the United States. The Company enters into long-term leases with third-party mine operators and receives royalty payments based on their output. Penn Virginia also provides coal preparation and transportation facilities to its lessees.
Here is your Cheat Sheet to Penn Virginia Resource Partners Lp Earnings:
Earnings Expectations: Analysts expect earnings of $0.14 per share on revenues of $280.62 million.
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 $0.22 to a profit $0.21. For the current year, the average estimate is a profit of $0.66, which is worse than the estimate ninety days ago.
Here’s how Penn Virginia Resource Partners Lp has been performing on an annual basis:
|Revenue ($) in millions||882||657||864||1,160||1,008|
|Diluted EPS ($)||1.67||0.78||0.83||1.45||-1.43|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||222.91||268.85||269.58||263.41|
|Diluted EPS ($)||-0.07||0.16||-0.30||0.08|
Penn Virginia Resource Partners Lp has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“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)