True Religion Apparel Earnings Preview: Can This Streak Continue?

True Religion Apparel (NASDAQ:TRLG) will report earnings before markets open on Friday, May 10th. True Religion Apparel, Inc. designs, manufactures, markets, distributes, and sells through its wholly-owned subsidiary Guru Denim, Inc under the True Religion Brand Jeans trademarks. The Company sells its jeans in the United States and abroad to upscale retailers and boutiques. This includes Nordstrom, Bloomingdales, Bergdorf Goodman, Urban Outfitters and other fashion boutiques.

Here is your Cheat Sheet to True Religion Apparel Earnings:

Earnings Expectations: Analysts expect earnings of $0.34 per share on revenues of $113.19 million. Currently, the company’s P/E ratio stands at 15.40.

Analyst Trends:

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 $0.39 and has not changed. For the current year, the average estimate is a profit of $1.91, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how True Religion Apparel has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 270.00 311.00 363.71 419.80 467.28
Diluted EPS ($) 1.83 1.92 1.75 1.80 1.82

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 119.41 106.78 104.91 118.55 137.04
Diluted EPS ($) 0.5764 0.41 0.39 0.49 0.5307

Past Performance:
True Religion Apparel 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)