Stein Mart Earnings: What Investors Should Watch
Stein Mart (NASDAQ:SMRT) will report earnings before markets open on Thursday, August 22nd. Stein Mart, Inc. operates a retail chain of stores located primarily in neighborhood shopping centers in metropolitan areas. The Company’s stores offer moderate to designer brand-name apparel for women, men, and children, as well as accessories, gifts, linens, shoes, and fragrances.
Here is your Cheat Sheet to Stein Mart Earnings:
Earnings Expectations: Analysts expect earnings of $0.08 per share on revenues of $295.53 million. Currently, the company’s P/E ratio stands at 19.92.
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 $0.05 to a loss $0.03. For the current year, the average estimate is a profit of $0.66, which is better than the estimate ninety days ago.
Here’s how Stein Mart has been performing on an annual basis:
|Revenue ($) in millions||1,326||0||1,182||1,160||1,232|
|Diluted EPS ($)||-1.72||0.54||1.08||0.44||0.57|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013||Apr. 30, 2013|
|Revenue ($) in millions||280.37||273.73||368.56||321.36|
|Diluted EPS ($)||0.05||-0.04||0.30||0.33|
Stein Mart has beat analyst estimates 3 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)