Earnings Preview: Kohl's' EPS, Revenue Expected to Rise
Kohl's (NYSE: KSS) releases its next round of earnings this Thursday, November 10, 2011. Here's Benzinga's essential guide to Kohl's' third quarter earnings report.
Earnings and Revenue:
Based on estimates, investors are readying for a positive EPS reading of 78 cents/share and revenues of $4.4 billion. Kohl's' latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of 63 cents/share on revenues of $4.22 billion. Can the company manage the estimated 23.8% rise in EPS and 4.3% increase in revenues from the year-ago quarter as analysts are predicting? We'll have to wait until Thursday to find out.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 | Q1 | Q4 | Q3 |
| EPS Estimate | $1.08 | $0.72 | $1.66 | $0.61 |
| EPS Actual | $1.09 | $0.73 | $1.66 | $0.63 |
Stock Performance:
Shares of Kohl's were trading at $56.08 as of November 4, 2011. Shares are up 4.8% year to date. For a full 12 months, the return has declined by 16.2%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
- Long-term shareholders are already wary of 12-month losses prior to the announcement
Average Stock Rating:
The average rating by analysts is a Moderate Buy. This rating has strengthened slightly over the past ninety days.
Competitors:
Want to check out the performance of Kohl's closest competitors? Take a look at some of the company's peers in the consumer discretionary sector.
- Bon-Ton Stores (NASDAQ: BONT): Hold with a -$1.78 recent quarter EPS
- Dillard's (NYSE: DDS): Moderate Buy with a $0.30 recent quarter EPS
- J.C. Penney Company (NYSE: JCP): Hold with a $0.07 recent quarter EPS
- Nordstrom (NYSE: JWN): Moderate Buy with a $0.80 recent quarter EPS
Kohl's is in the retail-regional department stores industry, which has experienced price/earnings growth of 1.6%.
Finally, a description of the company's main areas of operation: Kohl's operates department stores that offer apparel, footwear and accessories as well as home products and housewares.
Take Action:
That's your advanced look at Kohl's' upcoming earnings numbers -- be ready to take quick action if the company's report contains any surprises. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.
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