2 Huge Retail Stocks Generate Anxiety Among Traders Before Earnings

Target Corp (NYSE:TGT) will unveil its latest earnings on Wednesday, November 16, 2011. The average estimate of analysts is for profit of 74 cents per share, no change from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 72 cents. Between one and three months ago, the average estimate moved up. It has risen from 73 cents during the last month. For the year, analysts are projecting net income of $4.22 per share, a rise of 5.5% from last year.

Last quarter, the company beat estimates by 6 cents, coming in at profit of $1.03 a share versus the estimate of net income of 97 cents a share. It marked the fourth straight quarter of beating estimates. Analysts are projecting a rise of 4.1% in revenue from the year-earlier quarter to $16.24 billion.

Competitors to Watch: Wal-Mart Stores, Inc. (NYSE:WMT), Costco Wholesale Corp. (NASDAQ:COST), Dollar Tree, Inc. (NASDAQ:DLTR), Dollar General Corp. (NYSE:DG), Gordmans Stores, Inc. (NASDAQ:GMAN), Family Dollar Stores, Inc. (NYSE:FDO), 99 Cents Only Stores (NYSE:NDN), Fred’s, Inc. (NASDAQ:FRED), and BJ’s Wholesale Club, Inc. (NYSE:BJ).

Wal-Mart Stores, Inc. (NYSE:WMT) will unveil its latest earnings on Tuesday, November 15, 2011. The average estimate of analysts is for net income of 97 cents per share, a rise of 7.8% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 10.1% versus last year to $4.48.

Last quarter, the company reported profit of $1.09 per share versus a mean estimate of net income of. The company has beaten estimates for the past three quarters. On average, analysts predict $107.87 billion in revenue this quarter, a rise of 5.8% from the year ago quarter. Analysts are forecasting total revenue of $443.58 billion for the year, a rise of 5.2% from last year’s revenue of $421.85 billion.

Competitors to Watch: Target Corporation (NYSE:TGT), Costco Wholesale Corp. (NASDAQ:COST), Best Buy (NYSE:BBY), Dollar General Corp. (NYSE:DG), eBay (NASDAQ:EBAY), Sears Holdings (NASDAQ:SHLD), BJ’s Wholesale Club, Inc. (NYSE:BJ), Family Dollar Stores, Inc. (NYSE:FDO), Gordmans Stores, Inc. (NASDAQ:GMAN), Dollar Tree, Inc. (NASDAQ:DLTR), Amazon.com, Inc. (NASDAQ:AMZN), and Fred’s, Inc. (NASDAQ:FRED).

More from The Cheat Sheet