Kirkland’s: Here’s What Investors Need to Know Before Earnings
Kirkland’s (NASDAQ:KIRK) will report earnings before markets open on Thursday, May 23rd. Kirkland’s, Inc. retails home accessories and gifts. The Company’s stores sell a variety of products, including framed art, candles, lamps, picture frames, rugs, garden accessories, artificial plants, and holiday merchandise. Kirkland’s operates in the United States.
Here is your Cheat Sheet to Kirkland’s Earnings:
Earnings Expectations: Analysts expect earnings of $0.05 per share on revenues of $100.70 million. Currently, the company’s P/E ratio stands at 18.88.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a loss of $0.11 to a loss $0.14. For the current year, the average estimate is a profit of $0.8, which is worse than the estimate ninety days ago.
Here’s how Kirkland’s has been performing on an annual basis:
|Revenue ($) in millions||391||406||415||430||448|
|Diluted EPS ($)||0.47||1.71||1.28||0.95||0.77|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||97.79||91.00||96.69||162.88|
|Diluted EPS ($)||0.10||-0.11||-0.02||0.82|
Kirkland’s 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)