Sears Holdings First Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Sears Holdings Corp (NASDAQ:SHLD) will unveil its latest earnings on Thursday, May 17, 2012. Sears Holdings is a retail conglomerate with full-line and specialty retail stores in the United States and Canada. It is the holding company of Kmart Holding Corporation and Sears, Roebuck and Co. Its three reportable segments are Kmart, Sears Domestic and Sears Canada.

Sears Holdings Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for a loss of 59 cents per share, a narrower loss from the year-earlier quarter net loss of $1.39. During the past three months, the average estimate has moved up from a loss of $2.58. Between one and three months ago, the average estimate moved up. It has risen from a loss of $2.57 during the last month.

Past Earnings Performance: Last quarter, the company fell short of estimates by 14 cents, coming in at profit of 54 cents a share versus the estimate of net income of 68 cents a share. It was the fourth straight quarter of missing estimates.

Investing Insights: What’s the Future of Microsoft’s Stock?

Wall St. Revenue Expectations: Analysts are projecting a decline of 5.7% in revenue from the year-earlier quarter to $9.15 billion.

A Look Back: In the fourth quarter of the last fiscal year, the company swung to a loss of $2.4 billion ($22.51 a share) from a profit of $374 million ($3.34) a year earlier, missing analyst expectations. Revenue fell 9% to $11.96 billion from $13.14 billion.Key Stats:

Revenue has decreased for four quarters in a row. Revenue declined 1.2% in the third quarter of the last fiscal year from the year earlier, dropped 1.2% in second quarter of the last fiscal year from the year-ago quarter and 3.4% in the first quarter of the last fiscal year.

Stock Price Performance: Between March 15, 2012 and May 11, 2012, the stock price had fallen $28.75 (-34.5%), from $83.43 to $54.68. The stock price saw one of its best stretches over the last year between February 1, 2012 and February 8, 2012, when shares rose for six straight days, increasing 16.3% (+$6.85) over that span. It saw one of its worst periods between November 11, 2011 and November 29, 2011 when shares fell for 12 straight days, dropping 22.7% (-$16.86) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

Don’t Miss These Additional Hot Stories:

Intel Play’s the World’s Smallest Violin for Cisco>>

Do Eric Sprott and China Still Believe in Gold?>>

Here’s Why Procter & Gamble is Dissing the U.S.>>