Can Spirit Realty Capital, Inc. (NYSE:SRC) Show Upward Trend after Earnings?


Spirit Realty Capital, Inc. (NYSE:SRC) moved up 0.84% and closed its last trading session at $10.77. This Finance Sector stock currently has the Market Capitalization of 5.16 Billion. The Average Volume for the stock is measured as 4.63 Million. The Stock has a 52-Week High of $13.97 and 52-Week Low of $10.2 following the dates, it touched its 52-Week High on Aug 4, 2016 and 52-Week Low on Feb 1, 2017. Currently, the Return on Assets value for the trailing twelve months is 1.5% with the Return on Equity and Return on Investment of 3.3% and 0.3% respectively. This firm currently has YTD (year to date) performance of -0.83 Percent which is not good. The Short Ratio for the stock is 1.28.

Spirit Realty Capital, Inc. (NYSE:SRC) Price to Earnings (P/E) ratio is 82.21. EPS or Earning per Share stands at $0.13. The TTM operating margin is 10.5 percent.

Spirit Realty Capital, Inc. (NYSE:SRC) reports its Earnings on Wed 22 Feb (In 6 Days). The estimated EPS for the current quarter is said to be $0.21. Following Earnings result, share price were DOWN 9 times out of last 16 Qtrs. The stock has reduced about -4.4% since it reported its last earnings. The Closing price of Spirit Realty Capital, Inc. (NYSE:SRC) at Last Earnings was $11.17 as compared to the previous closing price of $10.68. The Predicted Move on the 7th day after Spirit Realty Capital, Inc. (NYSE:SRC) will release its earnings at about 2%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Spirit Realty Capital, Inc. (NYSE:SRC) beats earnings by 41%, The Stock Missed Earnings  1 times and has met earnings  6  times.

Earnings History:

We will discuss the past Quarters Earnings below:

Spirit Realty Capital, Inc. (NYSE:SRC) reported its previous quarter on 11/02/2016 where it reported the Actual Earnings of $0.06. The Closing price before the company posted its earnings was $11.17. The Stock declined on the very next day of earnings and maintained its stock price at $11.02 by showing a % change of -1.34 percent from its previous closing price. The Next Day Volume after Earnings was reported as 6.72 Million. On the 7th day After Earnings Report, the stock hit its share price as $10.83 by showing -3.04% decrease from the Stock price Before Earnings were reported.

On 08/03/2016, the stock reported the EPS of $0.1 where Analysts were projecting the EPS to be $0.07 showing a difference of $0.03. Thus Surprise Factor was there with 42.9 percent. Before Earnings Announcement on 08/03/2016, the firm had its stock price of $12.92. And immediately on the next day after earnings announcement, the stock inclined 0.85% and closed its trading session at $13.03. On 7th Day after earnings release, Spirit Realty Capital, Inc. (NYSE:SRC) surged to 0.23% from $12.92 to $12.95.

On 05/04/2016, Analysts were suspecting EPS of $0.06/share where Spirit Realty Capital, Inc. (NYSE:SRC) reported its Actual EPS of $0.06. Thus showing a Surprise of 0 percent. The Closing Price of the stock before earnings was $11.22 while on the Next day the stock closed its trading session at $11.02 with a percentage change of -1.78% from the price of 11.22 before Earnings. The Stock Closing Price on the 7th day of earnings was $11.28.

Company Profile:

Spirit Realty Capital, Inc. is a publicly traded real estate investment trust. The firm primarily acquires across the United States single tenant operationally essential real estate, which refers to generally free-standing, commercial real estate facilities where tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits. The firm was formerly known as Spirit Finance Corp. Spirit Realty Capital, Inc. was formed on August 14, 2003 and is domiciled in the United States.