Citi Trends Earnings: Your Sneak Peek to the Big Announcement

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Citi Trends (NASDAQ:CTRN) will report earnings before markets open on Wednesday, May 22nd. Citi Trends Inc., is a value-priced retailer of urban fashion apparel and accessories for the entire family. The Company offers quality, branded merchandise for men, women, and children including products from nationally recognized brands.

Here is your Cheat Sheet to Citi Trends Earnings:

Earnings Expectations: Analysts expect earnings of $0.56 per share on revenues of $186.63 million.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a loss of $0.49 to a loss $0.44. For the current year, the average estimate is a profit of $0.04, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Citi Trends has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012 2013
Revenue ($) in millions 488.20 551.87 622.53 640.82 654.65
Diluted EPS ($) 1.20 1.36 1.44 -0.69 -0.15

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jan. 31, 2012 Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013
Revenue ($) in millions 178.36 197.69 132.32 148.98 175.66
Diluted EPS ($) -0.3639 0.69 -0.54 -0.25 -0.0479

Past Performance:
Citi Trends has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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