Fossil Inc. Fourth Quarter Earnings Sneak Peek

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Fossil, Inc. (NASDAQ:FOSL) will unveil its latest earnings on Tuesday, February 14, 2012. Fossil is a global design, marketing and distribution company that specializes in consumer fashion accessories.

Fossil, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of $1.77 per share, a rise of 21.2% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.78. Between one and three months ago, the average estimate moved down. It has been unchanged at $1.77 during the last month. For the year, analysts are projecting profit of $4.52 per share, a rise of 19.9% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 6 cents, reporting net income of $1.09 per share against a mean estimate of profit of $1.03 per share.

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Wall St. Revenue Expectations: On average, analysts predict $841.4 million in revenue this quarter, a rise of 20% from the year ago quarter. Analysts are forecasting total revenue of $2.58 billion for the year, a rise of 27.1% from last year’s revenue of $2.03 billion.

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

A Look Back: In the third quarter, profit rose 2.1% to $69.6 million ($1.09 a share) from $68.2 million ($1 a share) the year earlier, exceeding analyst expectations. Revenue rose 22.7% to $642.9 million from $523.8 million.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 31.8%, with the biggest boost coming in the first quarter when revenue rose 36.6% from the year earlier quarter.

The increase in profit in the third quarter came after net income fell in the previous quarter. In the second quarter, net income fell 5.7%.

Stock Price Performance: During January 10, 2012 to February 8, 2012, the stock price had risen $20.08 (24.9%) from $80.67 to $100.75. The stock price saw one of its best stretches over the last year between May 3, 2011 and May 11, 2011 when shares rose for seven-straight days, rising 17.4% (+$15.83) over that span. It saw one of its worst periods between November 16, 2011 and November 25, 2011 when shares fell for seven-straight days, falling 11.5% (-$10.57) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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