West Marine, Inc. Second Quarter Earnings Sneak Peek

Read Trending Stories

Today's Trending Stocks

Click a Company to Research Now:

West Marine, Inc. (NASDAQ:WMAR) will unveil its latest earnings on Thursday, July 28, 2011. West Marine, Inc. operates as a boating supply retailer in the United States. It operates through three segments: Stores, Port Supply and Direct Sales.

West Marine, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of $1.71 per share, a rise of 12.5% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $1.63. For the year, analysts are projecting net income of 76 cents per share, a rise of 33.3% from last year.

Past Earnings Performance: For the past three quarters, the company’s quarterly results have come in below analyst’s expectations. Last quarter, the company reported a loss of 55 cents per share versus a mean estimate of net loss of 50 cents per share.

Get more Earnings Cheat Sheets with our in depth coverage of earnings season >>

Wall St. Revenue Expectations: On average, analysts predict $238.6 million in revenue this quarter, a rise of 2.2% from the year ago quarter. Analysts are forecasting total revenue of $642.1 million for the year, a rise of 3.1% from last year’s revenue of $622.8 million.

Key Stats:

Revenue has risen the past four quarters. Revenue increased 3.9% to $113.8 million in first quarter. The figure rose 3.3% 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 8.4% in the second quarter of the last fiscal year.

Competitors to Watch: MarineMax, Inc. (NYSE:HZO), Cabela’s Incorporated (NYSE:CAB), Golfsmith Intl. Hldgs., Inc. (NASDAQ:GOLF), Winmark Corporation (NASDAQ:WINA), Dick’s Sporting Goods, Inc. (NYSE:DKS), Dover Saddlery, Inc. (NASDAQ:DOVR), Sport Chalet, Inc. (NASDAQ:SPCHA)..

Stock Price Performance: During April 26, 2011 to July 21, 2011, the stock price had fallen 30 cents (-2.8%) from $10.68 to $10.38. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 1, 2011 when shares rose for six-straight days, rising 3.3% (+33 cents) over that span. It saw one of its worst periods between March 8, 2011 and March 16, 2011 when shares fell for seven-straight days, falling 5.9% (-61 cents) over that span. Shares are down 20 cents (-1.9%) year to date.

(Source: Xignite Financials)

Get more Earnings Cheat Sheets with our in depth coverage of earnings season >>

Get Your FREE Special Report: 4 Things You Must Know About the US Economy Now!

Do You Want More Profits? Wall St. Cheat Sheet Premium newsletter subscribers have been crushing the markets with winning stock picks.

Click here now for your FREE trial to our acclaimed flagship newsletter:

Learn More

Advertisement:
Improve your Investing Portfolio with Wall St Cheat Sheet Premium

Intelligent Investing

Wall St. Cheat Sheet Premium

Tired of wasting time and money sifting through the noise on TV, websites, and Twitter? Get winning stock picks now.

Gold & Silver Premium

Join Chicago Mercantile Exchange commentator Eric McWhinnie as he covers Gold & Silver for you.

Commodities Premium

Commodities are heating up. This is an investment newsletter you'll need to win in the bull market.

Wall St. Cheat Sheet has been featured in these fine media outlets: