Wintrust Financial Corporation (NASDAQGS:WTFC) is scheduled to report Q4 earnings results on January 21, 2019, after the market closes for trading. Management plan to host a conference call on Wednesday, January 22, 2020, at 10:00 a.m. (CT) to discuss the results. You can find the dial-in details here.
The company is expected to report earnings of $1.56/share on revenue of $378.8 million after markets close for trading. The consensus earnings per share (EPS) of $1.56/share is based on a poll of 12 analysts and represents a growth of 2.1% over the same quarter last year when the company reported earnings of $1.53/share.
The revenue forecast of $378.8 million based on a poll of 9 analysts implies a year-over-year (YoY) growth of 14.5%. Last year the company reported $331 million in revenue for the quarter.
| Metric | Expected | Prior Year | YoY Change |
|---|---|---|---|
| Revenue | $378.80 | $330.97 | 14.5% |
| EPS | $1.56 | $1.53 | 2.1% |
Earnings Call Trends
Historically, management has exceeded analyst expectations 5 out of the last 8 tracked quarters, and missed expectations 3 quarters.
What are your expectations from Wintrust Financial for earnings this quarter? Let us know in the comments!
| Quarter | Expected | Reported | Surprise | Result |
|---|---|---|---|---|
| Q3, 2019 | $1.61 | $1.70 | 5.1% | Beat |
| Q2, 2019 | $1.63 | $1.52 | -6.4% | Missed |
| Q1, 2019 | $1.54 | $1.64 | 6.6% | Beat |
| Q4, 2018 | $1.57 | $1.53 | -2.6% | Missed |
| Q3, 2018 | $1.54 | $1.57 | 1.9% | Beat |
| Q2, 2018 | $1.45 | $1.53 | 5.5% | Beat |
| Q1, 2018 | $1.28 | $1.36 | 5.9% | Beat |
| Q4, 2017 | $1.13 | $1.02 | -9.0% | Missed |
In the following table, we summarize the company’s stock price movements after earnings releases. The “Price Day Prior” column shows the closing stock price on the day before the earnings report, and the “Price Next Day” column shows the stock price at the end of the trading day after the earnings report.
After the last earnings report for the period ending September 30, 2019, the stock price reacted by falling by -2.2%.
| Report Date | Price Day Prior | Price Next Day | Change % | Result |
|---|---|---|---|---|
| 2019-10-16 | $64.79 | $63.35 | -2.2% | Decline |
| 2019-07-15 | $72.09 | $65.07 | -9.7% | Decline |
| 2019-04-15 | $75.13 | $76.49 | 1.8% | Increase |
| 2019-01-22 | $74.46 | $70.66 | -5.1% | Decline |
Fundamentals And Technical Analysis
Wintrust Financial is currently trading at $69/share, up 0.3% for the day. The company is trading at approximately 88.2% of its 52-week high of $78.25/share. The company’s stock price is up 8.9% since the last earnings report and up 0.1% over the previous week. The company’s 14 Day Relative Price Index (RSI) of 48.89 suggests the company is trading in technically neutral territory. The RSI is considered overbought when above 70 and oversold when below 30.
Source: Finbox The current share price implies a price-to-earnings (P/E) multiple of 11.3x and a forward P/E multiple of 11.0x. Wintrust Financial’s current share price also implies a price-to-book (P/B) multiple of 1.2x. The following table summarizes some other key fundamental ratios:
| Metric | Value |
|---|---|
| Last Fiscal Period | FY2019.Q3 |
| Period End Date | September 30, 2019 |
| Stock Price (Current) | $69 |
| P/E Ratio | 11.3x |
| P/E Ratio (Fwd) | 11.0x |
| PEG Ratio | -16.8 |
| Total Debt to Capital (%) | 33.4% |
| Levered Free Cash Flow | $26.042 million |
| Enterprise Value / EBITDA | – |
Source: Finbox
Company Profile: Wintrust Financial Corporation
Wintrust Financial Corporation is a mid-cap stock with a market capitalization of $3.938 billion. The company operates in the Financial sector and the Banks industry.
Wintrust Financial Corporation operates as a financial holding company in the Chicago metropolitan area, southern Wisconsin, and northwest Indiana. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers non-interest bearing deposits, non-brokered interest-bearing transaction accounts, and savings and domestic time deposits; home equity, consumer, and real estate loans; safe deposit facilities; and automatic teller machine (ATM), Internet banking, and other services.
The company also engages in the origination and purchase of residential mortgages for sale into the secondary market; and provision of lending, deposits, and cash management services to condominium, homeowner, and community associations, as well as asset-based lending for middle-market companies. In addition, this segment offers loan and deposit services to mortgage brokerage companies; lending to restaurant franchisees; direct leasing; small business administration loans; commercial mortgages and construction loans; and financial solutions.
Wintrust provides personal and commercial banking services primarily to individuals, small to mid-sized businesses, local governmental units, and institutional customers. The Specialty Finance segment offers commercial and life insurance premiums financing for businesses and individuals; accounts receivable financing, value-added, and out-sourced administrative services; and other specialty finance services, as well as data processing of payrolls, billing, and cash management services to the temporary staffing industry.
The Wealth Management segment provides trust and investment, asset management, tax-deferred exchange services, securities brokerage, and retirement plan services. As of December 31, 2018, the company had approximately 167 banking facilities and 222 ATMs. Wintrust Financial Corporation was founded in 1991 and is headquartered in Rosemont, Illinois.
