RAIT Financial Trust (RAS) Earnings Report Preview For Thursday's Release
RAIT Financial Trust (NYSE:RAS) is anticipated to report earnings before the opening bell on February 09, 2012.
Who They Are:
RAIT Financial Trust operates as a self-managed and self-advised real estate investment trust (REIT). The company, through its subsidiaries, invests in, manages, and services real estate-related assets with a focus on commercial real estate. The company was founded in 1997 and is based in Philadelphia, Pennsylvania. Rait Finl Trust shares trade an average of 581,000 shares per day and has a marketcap of $239.66 Million.
52 Week High: $11.34
52 Week Low: $2.90
Book Value: $22.83
Float Short: 13.21%
What To Expect:
Analysts are expecting an improvement of $0.57 in earnings per share compared to last quarter's results of $-0.55. A surprise above $0.02 per share will top the estimated per share earnings.
Analyst estimates range between $0.01 and $0.03 per share.
Here is a look at the fiscal year revenue for RAIT Financial Trust. 
Recent Stock and Valuation Performance:
From a month ago, the stock has increased in price 23.30%, and moving in price -31.03% from one year ago.
It is clear to see the stock is performing much better than the overall market with a relative double digit gain. When comparing to the S&P 500, the year to date difference is 17.72%.
Revenue growth relative to last year appears to be problematic for management. Comparing year-over-year fiscal years, revenue has declined to $153.43 million for 2010 vs. $197.51 million for 2009. The bottom line has rising earnings year-over-year of $110.91 million for 2010 vs. $-440.98 million for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $-17.32 million for 2010 vs. $-186.94 million for 2009.
The short interest is relatively high at 13.21%.
Here is 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.
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