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HCP Second Quarter Earnings Preview
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HCP
When HCP (NYSE:HCP) releases its second quarter earnings on Tuesday, July 31, 2012, analysts are expecting a 11.7% drop in earnings from a year ago. The consensus estimate is 68 cents per share, down from earnings of 77 cents per share a year ago.
A business' earnings are the main determinant of its share price because earnings and the circumstances relating to them can indicate whether the business will be profitable and successful in the long run. SEE: How To Decode A Company's Earnings Reports
What to Expect: The consensus estimate hasn't changed in the last month, but it has dropped from 69 cents three months ago. For the fiscal year, analysts are projecting earnings of $2.75 per share.
Revenue for the quarter is expected to be $461.5 million, short of last year's reported figure of $496.2 million by 7%. Revenue for the fiscal year is expected to come in at $1.85 billion.
Company Performance: Revenue increases have been in the double digits for the past four quarters. The average revenue increase has been 41.3%. The second quarter of the last fiscal year marked the biggest jump of 63.6%.
The past eight quarters have represented an increase in profit for the company; for the last four, it has seen an average of more than threefold growth in profit year-over-year.
A simple P/E ratio can reveal the stock's real market value and show how the valuation compares to its industry group or a benchmark like the S&P 500 Index. High P/E stocks could be "growth" stocks, while low PE stocks may be "value" stocks. SEE: Understanding The P/E Ratio
The stock price has increased from $41.33 on April 27, 2012 to $46.07 over the past quarter. The price sits within 26 cents of its 52-week high of $46.33, set July 25, 2012. HCP's best recent streak was when its price gained $2.76 per share between June 11, 2012 and June 18, 2012.
A business' earnings are the main determinant of its share price because earnings and the circumstances relating to them can indicate whether the business will be profitable and successful in the long run. SEE: How To Decode A Company's Earnings Reports
What to Expect: The consensus estimate hasn't changed in the last month, but it has dropped from 69 cents three months ago. For the fiscal year, analysts are projecting earnings of $2.75 per share.
Revenue for the quarter is expected to be $461.5 million, short of last year's reported figure of $496.2 million by 7%. Revenue for the fiscal year is expected to come in at $1.85 billion.
The past eight quarters have represented an increase in profit for the company; for the last four, it has seen an average of more than threefold growth in profit year-over-year.
A simple P/E ratio can reveal the stock's real market value and show how the valuation compares to its industry group or a benchmark like the S&P 500 Index. High P/E stocks could be "growth" stocks, while low PE stocks may be "value" stocks. SEE: Understanding The P/E Ratio
The stock price has increased from $41.33 on April 27, 2012 to $46.07 over the past quarter. The price sits within 26 cents of its 52-week high of $46.33, set July 25, 2012. HCP's best recent streak was when its price gained $2.76 per share between June 11, 2012 and June 18, 2012.
by
Investopedia Staff
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