PetSmart Earnings Preview: Can This Streak Continue?
PetSmart (NASDAQ:PETM) will report earnings after markets close on Wednesday, May 22nd. PetSmart, Inc. is a specialty retailer of products and services for pets. The Company operates pet superstores in the United States and Canada, as well as a pet supply catalog business, and an equity interest in PetSmart.com. PetSmart provides pet food and supplies, and offers full-service veterinary, grooming and pet training services.
Here is your Cheat Sheet to Petsmart Earnings:
Earnings Expectations: Analysts expect earnings of $0.96 per share on revenues of $1.72 billion. Currently, the company’s P/E ratio stands at 19.63.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.85 and has not changed. For the current year, the average estimate is a profit of $3.91, which is worse than the estimate ninety days ago.
Here’s how Petsmart has been performing on an annual basis:
|Revenue ($) in millions||5,065||5,336||5,694||6,113||6,758|
|Diluted EPS ($)||1.52||1.59||2.01||2.55||3.55|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jan. 31, 2012||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||1,638||1,630||1,620||1,630||1,879|
|Diluted EPS ($)||0.9045||0.85||0.71||0.75||1.240|
Petsmart has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)