Zumiez Earnings Preview: Can This Streak Continue?
Zumiez (NASDAQ:ZUMZ) will report earnings after markets close on Thursday, May 23rd. Zumiez Inc., is a specialty retailer of action sports related apparel, footwear, equipment, and accessories.
Here is your Cheat Sheet to Zumiez Earnings:
Earnings Expectations: Analysts expect earnings of $0.12 per share on revenues of $147.66 million. Currently, the company’s P/E ratio stands at 24.06.
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 profit of $0.15 to a profit $0.17. For the current year, the average estimate is a profit of $1.68, which is better than the estimate ninety days ago.
Here’s how Zumiez has been performing on an annual basis:
|Revenue ($) in millions||409||408||479||556||669|
|Diluted EPS ($)||0.58||0.30||0.79||1.20||1.35|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||129.90||135.07||180.02||224.40|
|Diluted EPS ($)||0.14||0.07||0.40||0.74|
Zumiez has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)