Health Care Property Investors Earnings Preview

Health Care Property Investors HCP releases its next round of earnings this Tuesday, August 2, 2011. Here is Benzinga's everything-that-matters guide for this Tuesday's second quarter earnings announcement.

Earnings and Revenue:

Based on estimates, investors are readying for a positive EPS reading of 76 cents per share and revenues of $458.2 million. Whether the reported numbers beat or miss analysts' estimates, they will also be compared against last year's numbers for the same period, which were a profit of 55 cents per share on revenues of $253.6 million. Can Health Care Property Investors manage the estimated 38.2% rise in EPS and 80.7% increase in revenues from the year-ago quarter as analysts are predicting? We'll have to wait until Tuesday to find out.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance:

At last check, shares of Health Care Property Investors were trading at $36.61. Shares are up 2.1% year to date. For a full 12 months, the return has risen by 7.3%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Health Care Property Investors is a Hold. This rating has remained steady over the past ninety days.

Competitors:

Wondering how some of the other financials companies are doing? Here are a few of Health Care Property Investors' peers in that sector.

• Health Care REIT HCN: Moderate Buy with a $0.70 recent quarter EPS
• Healthcare Realty Trust HR: Hold with a $0.21 recent quarter EPS
• LTC Properties LTC: Moderate Buy with a $0.52 recent quarter EPS
• Medical Properties Trust MPW: Hold with a $0.19 recent quarter EPS

Health Care Property Investors is in the REIT-equity trust/other industry, which has experienced price/earnings growth of 2.7%.

Finally, a description of the company's main areas of operation: Health Care Property Investors is a real estate investment trust that acquires, develops, leases, manages healthcare real estate and offers financing to healthcare providers.

Take Action:

There is your peek into Health Care Property Investors' upcoming earnings numbers, including some competitors to watch around the time of the announcement. Check back in with us after the announcement for a full recap of the announcement. In the meantime, here are some links to explore today.

• To see up-to-date news on Health Care Property Investors, click here
• To see other trading ideas, click here
• To see other company earnings recaps, click here