Zale: Here’s What Investors Need to Know Before Earnings

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Zale (NYSE:ZLC) will report earnings before markets open on Wednesday, May 22nd. Zale Corporation operates retail jewelry stores under the Zales, Gordon’s, and Bailey Banks & Biddle names. The Company’s stores are located primarily in shopping malls in the United States and Puerto Rico. Zales offers moderately priced jewelry, Gordon’s offers merchandise at somewhat higher prices, and Bailey Banks & Biddle offers upscale jewelry.

Here is your Cheat Sheet to Zale Earnings:

Earnings Expectations: Analysts expect earnings of $0.01 per share on revenues of $443.83 million.

Analyst Trends:

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 loss of $0.2 to a loss $0.23. For the current year, the average estimate is a profit of $0.14, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Zale has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 2,138 1,780 1,616 1,743 1,867
Diluted EPS ($) 0.25 -5.94 -2.92 -3.50 -0.85

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

Quarter
Revenue ($) in millions
Diluted EPS ($)

Past Performance:
Zale 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)

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