The Bank Of Nova Scotia Earnings: Your Sneak Peek to the Big Announcement

The Bank Of Nova Scotia (NYSE:BNS) will report earnings before markets open on Tuesday, May 28th. Bank of Nova Scotia provides retail, commercial, international, corporate, investment and private banking services and products.

Here is your Cheat Sheet to The Bank Of Nova Scotia Earnings:

Earnings Expectations: Analysts expect earnings of $1.26 per share on revenues of $5.18 billion. Currently, the company’s P/E ratio stands at 10.83.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $1.32 and has not changed. For the current year, the average estimate is a profit of $5.14, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how The Bank Of Nova Scotia has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 26,618 25,064 23,775 27,107 26,997
Diluted EPS ($) 2.96 3.13 3.86 4.54 5.24

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013
Revenue ($) in millions 6,323.53 7,439.12 6,698.34 6,914.38
Diluted EPS ($) 1.12 1.69 1.19 1.22

Past Performance:
The Bank Of Nova Scotia 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)