Earnings Expectations for the Week of March 12 (URBN, ROST)

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Things will quiet on the earnings front this week. Perhaps the two most prominent quarterly reports will come from retailers and S&P 500 components Urban Outfitters
URBN
and Ross Stores
ROST
. Analysts on average expect both companies to post year-over-year revenue growth of more than 10%. But Urban Outfitters' per-share earnings are expected to have fallen, while those of Ross Stores have grown. The following is a closer look at what analysts are expecting from these two reports, as well as a quick day-by-day rundown of expectations for the week's other quarterly EPS results.
Urban Outfitters
Fiscal fourth-quarter 2012 earnings from Urban Outfitters are estimated to total $0.29 per share on revenues of $741.4 million in Monday's report. In the same quarter of last year, this Philadelphia-based retailer posted $0.45 per share earnings and sales of $668.4 million. The full-year forecast calls for EPS down 25.0% year over year to $1.20 but revenue up 9.1% to $2.5 billion. Note that both the quarterly and full-year EPS estimates are eight cents lower than they were 60 days ago. The company fell short of the consensus EPS forecast in two of the past eight quarters.
See also: Urban Outfitters Reputation Clean Up Necessary, Former CEO to the RescueRoss Stores
Analysts expect that Ross Stores' fourth-quarter EPS will have risen 19.7% year over year to $0.86 per share. That estimate is three cents higher than it was 60 days ago. And this Pleasanton, Calif.-based off-price retailer has not fallen short of analysts' EPS estimates in the past eight quarters. The revenue forecast for the quarter calls for $2.4 billion, or 11.2% higher than in the same period of last year. And the full-year forecast calls for EPS to have grown 19.5% from a year ago to $2.87 and for sales to have increased 9.3% to $8.6 billion.
See also: Top 4 Stocks in the Apparel Stores Industry with the Highest RevenueThe Week's Other Reports
On Monday, American States Water
AWR
, Antares Pharma
AIS
, Carmike Cinemas
CKEC
and Piedmont Natural Gas
PNY
are expected to report higher per-share earnings than a year ago. Fourth-quarter net losses are anticipated from Alexza Pharmaceuticals
ALXA
and American Midstream Partners
AMID
. Tuesday's anticipated earnings gainers include clean coal technology company ADA-ES
ADES
, Factset Research Systems
FDS
, GeoEye
GEOY
, Raven Industries
RAVN
, Rex American Resources
REX
and X-Rite
XRIT
. The consensus forecasts for Ebix
EBIX
, Saga Communications
SGA
and Dutch telecom VimpelCom
VIP
call for EPS lower than in the same periods of last year. And analysts are looking for net losses from Broadwind Energy
BWEN
, Infinity Pharmaceuticals
INFI
and Pacific Sunwear of California
PSUN
. Then Wednesday, Callon Petroleum
CPE
, EnergySolutions
ES
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, GeoResources
GEOI
, rue21
RUE
and Vera Bradley
VRA
are expected to report year-over-year earnings growth for the most recent quarter. EPS from Central Vermont Public Service
CV
and Chinese meat producer Zhongpin
HOGS
are expected to be the same as a year ago. Lower per-share earnings are forecast for online forex broker FXCM
FXCM
and jeans purveyor Guess?
GES
. Analysts are looking for earnings growth from AMC Networks
AMCX
and retailer Cato
CATO
on Thursday. Casual Male Retail Group
CMRG
and Winnebago Industries
WGO
are expected to post earnings declines. And net losses are anticipated from Beijing-based IFM Investment
CTC
and TravelCenters of America
TA
. And then to end of the week, look for net losses from Chinese solar cell makers ReneSola
SOL
and China Sunergy
CSUN
.
Next Week
On tap for the week of March 19 are quarterly results from Discover Financial
DFS
, FedEx
FDX
, General Mills
GIS
, Nike
NKE
, Oracle
ORCL
, Tiffany
TIFF
and others.
ACTION ITEMS: Bullish: Investors interested in exchange traded funds focused on retail might want to consider the following trades:
  • SPDR S&P Retail XRT is more than 15% higher year to date.
  • PowerShares Dynamic Retail PMR is more than 15% higher year to date.
  • Market Vectors Retail ETF RTH is more than 9% higher year to date.
Bearish: Traders may prefer to consider these alternative positions in the apparel retail industry:
  • Zumiez ZUMZ is up about 95% from six months ago.
  • Aeropostale ARO is up about 84% from six months ago.
  • Gap GPS is up more than 58% from six months ago.
Neither Benzinga nor its staff recommend that you buy, sell, or hold any security. We do not offer investment advice, personalized or otherwise. Benzinga recommends that you conduct your own due diligence and consult a certified financial professional for personalized advice about your financial situation.
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Posted In: EarningsLong IdeasNewsShort IdeasPreviewsTrading IdeasETFsADA-ESAeropostaleAlexza PharmaceuticalsAMC NetworksAmerican Midstream PartnersAmerican States Wateranalyst forecastsAntares PharmaBroadwind Energycallon petroleumCarmike CinemasCasual Male Retail GroupCatoCentral Vermont Public ServiceChina Sunergyearnings expectationsearnings previewsEbixEnergySolutionsfactset research systemsfourth-quarter earningsfxcmGAPgeoeyeGeoResourcesGuess?IFM InvestmentInfinity PharmaceuticalsPacific Sunwear of CaliforniaPiedmont Natural GasRaven IndustriesReneSolaretail earningsretail ETFsRetail StocksRex American ResourcesRoss Storesrue21Saga CommunicationsTravelCenters of AmericaUrban OutfittersVera BradleyvimpelcomWinnebago IndustriesX-Ritezhongpinzumiez
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