Market Overview

2 Consumer Discretionary Earnings Calls To Watch

Related FOSL
New Names, Old Classics Among Short Sellers' Top Stocks
30 Stocks Moving In Tuesday's Pre-Market Session
Related JCP
Department Stores Pop On Latest News Of Nordstrom Take-Private Deal
Walmart, Target Are Susquehanna's Top Picks Ahead Of Retail Earnings Season
Stocks To Watch: Investors Recharge After Soothing Fedspeak (Seeking Alpha)
  • Fossil Group Inc (NASDAQ: FOSL) will announce its third-quarter financial results after the market closes on Thursday.
  • J C Penney Company Inc (NYSE: JCP) will report its third quarter earnings on Friday before the market opens.

Fossil Group

For the third quarter, the famed accessories maker is expected to deliver a year-over-year decline in earnings of at least 41 percent. In the third quarter of 2014, earnings came in at $1.96 per share, and revenue at $894.5 million. For the quarter, the Street is modeling consensus earnings of $1.13 per share on revenue of $784.75 million.

The crowd is slightly less bearish, and is projecting consensus earnings of $1.15 per share on sales of $785.89 million. The company has tended to beat earnings estimates over the past couple of years.

J C Penney

Expectations for J C Penney are quite higher. The Street is anticipating a 22 percent year-over-year improvement in earnings.

For the third quarter of 2015, experts are modeling a consensus net loss of $(0.60) per share, down from $(0.77) reported a year ago. Revenue is also expected to surge, from $2.764 billion last year to $2.864 this quarter.

The crowd is even more bullish, and foresees a net loss of $(0.55) per share on revenue of $2.863 billion.

Investors should observe in the chart above that the department stores operator has tended to beat estimates over the past couple of years.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

Posted-In: EstimizePreviews Crowdsourcing Trading Ideas General


Related Articles (FOSL + JCP)

View Comments and Join the Discussion!