Wolverine World Wide: Here’s What Investors Need to Know Before Earnings
Wolverine World Wide (NYSE:WWW) will report earnings before markets open on Tuesday, July 9th. Wolverine World Wide, Inc. manufactures and markets branded footwear and performance leathers. The Company’s products include shoes, slippers, occupational and safety footwear, and performance outdoor footwear, among others.
Here is your Cheat Sheet to Wolverine World Wide Earnings:
Earnings Expectations: Analysts expect earnings of $0.34 per share on revenues of $591.03 million. Currently, the company’s P/E ratio stands at 33.87.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.09 to a profit $1.03. For the current year, the average estimate is a profit of $2.69, which is better than the estimate ninety days ago.
Here’s how Wolverine World Wide has been performing on an annual basis:
|Revenue ($) in millions||1,221||1,101||1,249||1,409||1,641|
|Diluted EPS ($)||1.90||1.24||2.11||2.48||1.63|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||322.81||312.72||353.07||652.24||645.90|
|Diluted EPS ($)||0.64||0.42||0.66||-0.08||0.60|
Wolverine World Wide 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)