Hot Topic Inc. Fourth Quarter Earnings Sneak Peek

Hot Topic, Inc. (NASDAQ:HOTT) will unveil its latest earnings on Wednesday, March 7, 2012. Hot Topic is a mall- and web-based specialty retailer.

Hot Topic, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 20 cents per share, a rise of 66.7% from the company’s actual earnings in the year-ago quarter. During the past three months, the average estimate has moved up from 17 cents. Between one and three months ago, the average estimate moved up. It has risen from 18 cents during the last month. For the year, analysts are projecting net income of 18 cents per share, a spike from net loss of one cent last year.

Past Earnings Performance: For the past four quarters, the company has met expectations. Last quarter, the company reported profit of 7 cents per share to fall in step with the mean estimate.

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Wall St. Revenue Expectations: Analysts predict a decline of 2% in revenue from the year-earlier quarter to $208.1 million.

Analyst Ratings: Analysts are bullish on this stock, with four analysts rating it as a buy, none rating it as a sell and two rating it as a hold.

A Look Back: In the third quarter, profit rose more than sevenfold to $3.1 million (7 cents a share) from $390,000 (one cent a share) the year earlier, meeting analyst expectations. Revenue fell 4% to $175.8 million from $183.2 million.

Key Stats:

Hot Topic reported a profit last quarter, snapping a three-month string of loss. The company reported a loss of $6.2 million in the second quarter, a loss of $7.7 million in the first and a loss of $578,000 in the fourth quarter of the last fiscal year.

Revenue fell in the third quarter after seeing a rise the quarter before. In the second quarter, revenue rose 0.6%.

Stock Price Performance: Between January 3, 2012 and March 1, 2012, the stock price had risen $2.62 (40.3%), from $6.50 to $9.12. The stock price saw one of its best stretches over the last year between March 18, 2011 and March 28, 2011, when shares rose for seven straight days, increasing 16.3% (+80 cents) over that span. It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven straight days, dropping 9.5% (-72 cents) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at

To contact the editor responsible for this story: Damien Hoffman at