Regions Financial Corp (RF) is expected to report last fiscal quarter's results before the opening bell on April 24, 2012. We can review how Regions Financial Corp has performed recently.
Who They Are:
Regions Financial Corporation operates as the holding company for Regions Bank that provides a range of commercial, retail, and mortgage banking services in the United States. The company was founded in 1970 and is headquartered in Birmingham, Alabama. Regions Financial Corp trades an average of 22.2 million shares per day and has a market cap of $8.6 Billion.
Book Value: $13.11
Float Short: 0.93%
What To Expect:
On average, 22 Analysts are expecting a drop of $-0.01 in earnings per share compared to last quarter's results of $0.09. The estimated mean earnings are $0.08 per share. Currently, $0.04 on the low end and $0.13 per share on the high side is what market participants are anticipating in the report.
Recent Stock and Valuation Performance:
Relative to the earnings, investors have not been as aggressive accumulating shares, as the current trailing twelve months P/E ratio is 27.8, while the forward P/E ratio is now 12.64. In the last month, the stock has decreased in price -4.97%, with a one year change of -13.31%. With a double digit gain compared to stocks in general, the stock shares did very well as compared to the overall stock market. When comparing to the S&P 500, the year up to date change is 29.99%.
The short interest is relatively low at 0.93%.
Here are the last few quarters to get an idea how well they perform compared to estimates:
Reported earnings per share compared to the mean estimate. Differences are rounded.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Disclaimer: Robert Weinstein uses information believed to be correct, but is not guaranteed and is not independently checked for accuracy You may wish to use this article as a starting point of your own research with your financial planner.
No comments:
Post a Comment