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3 Big Retail Stock Ready for Earnings This Week

February 20, 2012

The Home Depot, Inc. (NYSE:HD) will unveil its latest earnings on Tuesday, February 21, 2012. The average estimate of analysts is for net income of 42 cents per share, a rise of 16.7% 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. It also has not changed during the last month. For the year, analysts are projecting profit of $2.39 per share, a rise of 17.7% from last year.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by one cent, reporting net income of 60 cents per share against a mean estimate of profit of 59 cents per share. On average, analysts predict $15.46 billion in revenue this quarter, a rise of 2.2% from the year-ago quarter. Analysts are forecasting total revenue of $69.85 billion for the year, a rise of 2.7% from last year’s revenue of $68 billion.

Competitors to Watch: Lowe’s Companies, Inc. (NYSE:LOW), Builders FirstSource, Inc. (NASDAQ:BLDR), Lumber Liquidators Hldgs., Inc. (NYSE:LL), Tractor Supply Company (NASDAQ:TSCO), Hornbach-Baumarkt-AG (NYSE:HBM), PulteGroup (NYSE:PHM), Toll Brothers (NYSE:TOL), D.R. Horton (NYSE:DHI), KB Home (NYSE:KBH), Lennar Corp (NYSE:LEN), Beazer Homes (NYSE:BZH), Sherwin-Williams (NYSE:SHW), Sears Holdings (NASDAQ:SHLD), Target (NYSE:TGT) and Wal-Mart (NYSE:WMT).

Saks, Inc. (NYSE:SKS) will unveil its latest earnings on Tuesday, February 21, 2012. The average analyst estimate is for profit of 14 cents per share, a rise of 7.7% from the company’s actual earnings for the year-ago quarter. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 100% versus last year to 38 cents.

Last quarter, the company beat estimates by 2 cents, coming in at net income of 11 cents a share versus the estimate of profit of 9 cents a share. It marked the fourth straight quarter of beating estimates. On average, analysts predict $925.3 million in revenue this quarter, a rise of 6.8% from the year-ago quarter. Analysts are forecasting total revenue of $3.01 billion for the year, a rise of 7.9% from last year’s revenue of $2.79 billion.

Competitors to Watch: Macy’s, Inc. (NYSE:M), J.C. Penney Company, Inc. (NYSE:JCP), Dillard’s, Inc. (NYSE:DDS), Nordstrom, Inc. (NYSE:JWN), Kohl’s Corporation (NYSE:KSS), Sears Holdings Corporation (NASDAQ:SHLD), Coach (NYSE:COH), Vera Bradley (NASDAQ:VRA), Fossil Inc (NASDAQ:FOSL), Liz Claiborne (NYSE:LIZ), Guess? (NYSE:GES), Polo Ralph Lauren (NYSE:RL), The Estee Lauder Companies (NYSE:EL), Avon Products (NYSE:AVP) and Steven Madden (NASDAQ:SHOO).

Genuine Parts Company (NYSE:GPC) will unveil its latest earnings on Tuesday, February 21, 2012. The average estimate of analysts is for net income of 83 cents per share, a rise of 10.7% 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. It also has not changed during the last month. Analysts are projecting profit to rise by 18.7% versus last year to $3.56.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 2 cents, reporting profit of 97 cents per share against a mean estimate of net income of 95 cents per share. Analysts are projecting a rise of 8.5% in revenue from the year-earlier quarter to $3.05 billion.

Competitors to Watch: LKQ Corporation (NASDAQ:LKQX), Lithia Motors, Inc. (NYSE:LAD), Dorman Products Inc. (NASDAQ:DORM), Advance Auto Parts, Inc. (NYSE:AAP), O’Reilly Automotive, Inc. (NASDAQ:ORLY), The Pep Boys – Manny, Moe & Jack (NYSE:PBY), U.S. Auto Parts Network, Inc. (NASDAQ:PRTS), General Motors Company (NYSE:GM), Toyota Motor Corp. (NYSE:TM), Honda Motor CO., Ltd. (NYSE:HMC), Ford Motor Company (NYSE:F), CarMax (NYSE:KMX), Tesla Motors Inc (NASDAQ:TSLA), Tata Motors Limited (NYSE:TTM) and Navistar Intl. Corp. (NYSE:NAV).