Kohl’s Earnings Preview: Can This Streak Continue?
Kohl’s (NYSE:KSS) will report earnings before markets open on Thursday, May 16th. Kohl’s Corporation operates a chain of family-oriented department stores. The Company’s stores feature apparel, footwear and accessories for women, men and children; soft home products such as sheets and pillows; and housewares targeted to middle income customers. Kohl’s also offers online shopping as well as offers store credit cards.
Here is your Cheat Sheet to Kohl’s Earnings:
Earnings Expectations: Analysts expect earnings of $0.59 per share on revenues of $4.29 billion. Currently, the company’s P/E ratio stands at 11.56.
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 profit of $1.08 to a profit $1.05. For the current year, the average estimate is a profit of $4.31, which is worse than the estimate ninety days ago.
Here’s how Kohl’s has been performing on an annual basis:
|Revenue ($) in millions||16,390||17,180||18,390||18,800||19,280|
|Diluted EPS ($)||2.89||3.17||3.66||4.30||4.17|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jan. 31, 2012||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||6,018||4,243||4,205||4,490||6,342|
|Diluted EPS ($)||1.810||0.63||1.00||0.91||1.654|
Kohl’s has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“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)