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National Bank of Greece S.A. Message Board

  • jpomper jpomper Mar 21, 2011 5:06 AM Flag

    Earnings on 23.March, positive surprise

    1) Past
    National Bank of Greece S.A.'s TTM earnings have declined to an estimated $0.26-0.27 from $0.65 over the past 5 quarters.
    But, they have shown strong acceleration in quarterly growth rates when adjusted for the volatility of earnings. This indicates an improvement in future earnings growth may occur.

    Year//Earn//Revenue
    2006 0.64 5878
    2007 0.94 11714
    2008 0,92 11659
    2009 0.65 12474
    2010 0.26? 10888?
    2011 ?0.40?11400?
    The year 2010 might have been the bottom with $0.26-0.27 TTM E/share;

    2)Present
    The bottoming phase is much clearer by looking at the TTM (trailing 12 months) Earnings trend;

    1Q 0.65
    2Q 0.44
    3Q 0.27
    4Q 0.27 Bottoming
    1Q ???? Upstarting
    If we get next a TTM higher than $0.27, the Earnings uptrend is clearly on its way; and for everybody to see;
    and the price will take off.
    We are only 2 days from anouncement.

 
NBG
0.16-0.03(-14.07%)Nov 27 1:00 PMEST