S&P 500 component Kohl’s Corp will unveil its latest earnings on Thursday, February 23, 2012. Kohl’s operates department stores that offer apparel, footwear and accessories as well as home products and housewares.
Kohl’s Corp Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average analyst estimate is for profit of $1.80 per share, a rise of 8.4% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from $1.99. Between one and three months ago, the average estimate moved down. It has risen from $1.73 during the last month. Analysts are projecting profit to rise by 18.1% compared to last year’s $4.31.
Past Earnings Performance: The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked net income of 80 cents per share versus a mean estimate of profit of 79 cents per share.
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Wall St. Revenue Expectations: Analysts predict a rise of 0.5% in revenue from the year-earlier quarter to $6.07 billion.
Analyst Ratings: Analysts are bullish on this stock, with 10 analysts rating it as a buy, one rating it as a sell and six rating it as a hold.
A Look Back: In the third quarter, profit rose 29.4% to $211 million (80 cents a share) from $163 million (53 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 3.7% to $4.38 billion from $4.22 billion.
Key Stats:
For three consecutive quarters, the Kohl’s has seen net income rise. Net income rose 15% in the second quarter and 6% in the first quarter.
Revenue has increased in each of the past four quarters. Revenue rose 3.6% in the second quarter from the year earlier, climbed 3.1% in the first quarter from the year-ago quarter and 6.3% in the fourth quarter of the last fiscal year.
Stock Price Performance: From January 20, 2012 to February 17, 2012, the stock price rose $4.43 (9.4%), from $47.37 to $51.80. The stock price saw one of its best stretches over the last year between January 11, 2012 and January 19, 2012, when shares rose for six straight days, increasing 5.3% (+$2.46) over that span. It saw one of its worst periods between December 28, 2011 and January 9, 2012 when shares fell for eight straight days, dropping 8.1% (-$4.08) over that span.
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)
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