2 Big Retail Stocks Are Trending Among Traders Before Earnings

Urban Outfitters, Inc. (NASDAQ:URBN) will unveil its latest earnings on Monday, November 14, 2011. The average estimate of analysts is for profit of 34 cents per share, a decline of 20.9% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 44 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 35 cents during the last month. Analysts are projecting profit to rise by 12.5% versus last year to $1.40.

Last quarter, the company topped expectations by 3 cents, coming in at net income of 35 cents per share versus a mean estimate of profit of 32 cents per share. This followed two straight quarters of missing estimates. On average, analysts predict $629.2 million in revenue this quarter, a rise of 9.7% from the year ago quarter. Analysts are forecasting total revenue of $2.51 billion for the year, a rise of 10.6% from last year’s revenue of $2.27 billion.

Competitors to Watch: Abercrombie & Fitch Co. (NYSE:ANF), The Gap Inc. (NYSE:GPS), American Eagle Outfitters (NYSE:AEO), The Buckle, Inc. (NYSE:BKE), Pacific Sunwear of California, Inc. (NASDAQ:PSUN), Zumiez Inc. (NASDAQ:ZUMZ), Aeropostale, Inc. (NYSE:ARO), The Wet Seal, Inc. (NASDAQ:WTSLA), Stein Mart, Inc. (NASDAQ:SMRT), and The Walking Co. Hldgs., Inc. (WALK).

J.C. Penney Company, Inc. (NYSE:JCP) will unveil its latest earnings on Monday, November 14, 2011. The average estimate of analysts is for net loss of 11 cents per share, a swing from profit of 19 cents in the year earlier quarter. During the past three months, the average estimate has moved down from 28 cents. Between one and three months ago, the average estimate moved down. It also has dropped from a loss of 4 cents during the last month. For the year, analysts are projecting net income of $1.40 per share, a decline of 11.9% from last year.

Last quarter, the company beat estimates by one cent, coming in at profit of 7 cents a share versus the estimate of net income of 6 cents a share. It marked the fourth straight quarter of beating estimates. Analysts are projecting a decline of 2.9% in revenue from the year-earlier quarter to $4.07 billion.

Competitors to Watch: Sears Holdings Corporation (NASDAQ:SHLD), Saks Incorporated (NYSE:SKS), Macy’s, Inc. (NYSE:M), Kohl’s Corporation (NYSE:KSS), The Bon-Ton Stores, Inc. (NASDAQ:BONT), Dillard’s, Inc. (NYSE:DDS), Nordstrom, Inc. (NYSE:JWN), Overstock.com, Inc. (NASDAQ:OSTK), Wal-Mart Stores, Inc. (NYSE:WMT), Amazon.com (NASDAQ:AMZN), eBay (NASDAQ:EBAY) and Target Corporation (NYSE:TGT).

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