The Pep Boys – Manny, Moe & Jack First Quarter Earnings Sneak Peek

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The Pep Boys – Manny, Moe & Jack (NYSE:PBY) will unveil its latest earnings on Thursday, June 7, 2012. Pep Boys Manny Moe & Jack is engaged mainly in automotive repair and maintenance and in the sale of automotive tires, parts, and accessories through a chain of stores.

The Pep Boys – Manny, Moe & Jack Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 2 cents per share, a decline of 91.3% from the company’s actual earnings in the year-ago quarter. During the past three months, the average estimate has moved down from 27 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 2 cents during the last month. For the year, analysts are projecting profit of 62 cents per share, a rise of 8.8% from last year.

Past Earnings Performance: Last quarter, the company fell short of estimates by 0 cents, coming in at net loss of 7 cents per share against a mean estimate of net income of 11 cents. The company fell in line with expectations in the third quarter of the last fiscal year.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 4.8% in revenue from the year-earlier quarter to $538.4 million.

A Look Back: In the fourth quarter of the last fiscal year, the company swung to a loss of $4.4 million (8 cents a share) from a profit of $8.4 million (16 cents) a year earlier, missing analyst expectations. Revenue rose 5.9% to $505.3 million from $477.4 million.

Stock Price Performance: Between March 7, 2012 and June 1, 2012, the stock price fell $6.05 (-40.3%), from $15.01 to $8.96. The stock price saw one of its best stretches over the last year between January 17, 2012 and February 1, 2012, when shares rose for 12 straight days, increasing 43.2% (+$4.53) over that span. It saw one of its worst periods between April 26, 2012 and May 3, 2012 when shares fell for six straight days, dropping 25.3% (-$3.78) over that span.

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

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