Wal-Mart Stores Second Quarter Earnings Sneak Peek

Wall St. Cheat Sheet

S&P 500 component Wal-Mart Stores, Inc. will unveil its latest earnings on Tuesday, August 16, 2011. Wal-Mart Stores, Inc. operates Walmart discount stores, supercenters, Neighborhood Markets and Sam’s Club.

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Wal-Mart Stores, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of $1.08 per share, a rise of 11.3% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged and it has not changed during the last month. For the year, analysts are projecting net income of $4.46 per share, a rise of 9.6% from last year.

Past Earnings Performance: The company has beaten estimates the last two quarters and is coming off a quarter where it topped the forecasts by 3 cents, reporting profit of 98 cents per share against a mean estimate of net income of 95 cents. In the fourth quarter of the last fiscal year, the company exceeded forecasts by 3 cents with profit of $1.34 versus a mean estimate of net income of $1.31.

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.

Wall St. Revenue Expectations: On average, analysts predict $108.26 billion in revenue this quarter, a rise of 4.4% from the year ago quarter. Analysts are forecasting total revenue of $440.89 billion for the year, a rise of 4.5% from last year’s revenue of $421.85 billion.

Analyst Ratings: Analysts are bullish on this stock with 15 analysts rating it as a buy, none rating it as a sell and 13 rating it as a hold.

Key Stats:

The company has now seen net income rise in three straight quarters. In the first quarter, net income rose 2.3% while it rose 30.7% in the fourth quarter of the last fiscal year and 6.1% in the third quarter of the last fiscal year.

Revenue has risen the past four quarters. Revenue increased 4.3% to $104.19 billion in first quarter. The figure rose 2.4% in the fourth quarter of the last fiscal year from the year earlier, climbed 2.6% in the third quarter of the last fiscal year from the year-ago quarter and 2.8% in the second quarter of the last fiscal year.

Competitors to Watch: Target Corporation , Costco Wholesale Corp. , Dollar General Corp. , BJ’s Wholesale Club, Inc. , Family Dollar Stores, Inc. , Gordmans Stores, Inc. , Dollar Tree, Inc. , Amazon.com, Inc. , eBay , and Fred’s, Inc. .

Stock Price Performance: During May 16, 2011 to August 10, 2011, the stock price had fallen $7.25 (-13%) from $55.66 to $48.41. The stock price saw one of its best stretches over the last year between April 25, 2011 and May 3, 2011 when shares rose for seven-straight days, rising 3.9% (+$2.06) over that span. It saw one of its worst periods between July 22, 2011 and August 4, 2011 when shares fell for 10-straight days, falling 8.1% (-$4.39) over that span. Shares are down $4.41 (-8.3%) year to date.

(Source: Xignite Financials)

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.

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