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Earnings Expectations For The Week Of June 9: Lululemon Athletica, RadioShack And More

Earnings Expectations For The Week Of June 9: Lululemon Athletica, RadioShack And More

Scheduled quarterly reports from Finisar (NASDAQ: FNSR), H&R Block (NYSE: HRB), Lululemon Athletica (NASDAQ: LULU), RadioShack (NYSE: RSH) and Ulta Beauty (NASDAQ: ULTA) will highlight an otherwise quiet week on the earnings front.

Hertz Global Holdings (NYSE: HTZ) was set to report earnings on Monday, but instead it announced Friday that it will delay the results due to accounting problems requiring restatement of previous results. The rental car giant also warned that when it does report its first-quarter results, they will be below analysts' estimates.

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Analysts expect this telecommunications equipment maker to say that it had earnings of $0.38 per share in its fiscal fourth quarter. That would up from earnings per share (EPS) of $0.20 a year ago. And revenues for the quarter are forecast to have grown from $243.42 million a year ago to $303.92 million in the most recent period.

The full-year forecast for Finisar calls for EPS to be about 59 percent higher than a year ago to $1.56, on a year-over-year revenue gain of more than 23 percent to $1.15 billion. The company is scheduled to share its results Thursday after the markets close.

H&R Block

The forecast for this Kansas City-based tax preparer calls for earnings of $3.23 per share and for revenue to total $2.49 billion for its busiest quarter. In the year-ago fiscal fourth quarter, the company posted a profit of $2.54 per share and revenue came to $2.20 billion.

Analysts are also looking for $1.64 per share and $2.95 billion in revenue for the full fiscal year that ended in April. That would be up from $1.59 per share and $2.91 billion in the previous year. Look for H&R Block to share its results Wednesday after the closing bell.

Lululemon Athletica

The fiscal first-quarter forecast for this lifestyle apparel company calls for earnings to be the same as in the year-ago period, or $0.32 per share, in Thursday morning's report. However, sales are expected to be more than 10 percent higher to $381.21 million.

Note that the consensus EPS estimate has remained steady over the past 60 days. But the company exceeded analysts's EPS expectations in the previous four quarters by between four percent and more than 11 percent. So far, sequential gains on the top and bottom lines are forecast for the current quarter.


In its report early Tuesday, this struggling specialty retailer is expected to report that its net loss widened from $0.35 per share in the year-ago quarter to $0.53 for the three months that ended in March. And note that net losses were much larger than expected in the past four quarters.

Revenues for the first fiscal quarter are predicted to have fallen more than nine percent to $767.45 million. So far, year-on-year revenue declines of more than 10 percent are expected for the current quarter and for the full year. However, net losses are expected to have narrowed in each period.

Ulta Beauty

This leading U.S. beauty supply retailer is expected to report earnings of $0.74 per share in Tuesday afternoon's report. That would compare to a profit of $0.65 per share in the same period of last year. Note that in the previous four quarters, analysts overestimated EPS results just once.

The Suburban Chicago company also is expected to say revenues grew more than 20 percent from a year ago to $699.85 million for the fiscal first quarter. So far, almost 16 percent year-on-year growth in revenue is predicted for the current quarter, as well as growth of almost 17 percent for the full year.

See also: 3 Stocks To Watch After Strong Earnings Reports

The following week will be another quiet one on the earnings front, but look for quarterly reports from FedEx, Kroger, Oracle and others.

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