Ann Inc Second Quarter Earnings Sneak Peek

Ann Inc (NYSE:ANN) will unveil its latest earnings on Friday, August 17, 2012. Ann offers a range of career and casual separates, dresses, tops, weekend wear, shoes, and accessories to provide modern styles that are versatile across all occasions and needs.

Ann Inc Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for profit of 51 cents per share, a rise of 8.5% from the company’s actual earnings for the year-ago quarter. 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. For the year, analysts are projecting net income of $2.05 per share, a rise of 20.6% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 7 cents, reporting profit of 58 cents per share against a mean estimate of net income of 51 cents per share.

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Stock Price Performance: Between June 15, 2012 and August 13, 2012, the stock price had risen $3.17 (12.8%), from $24.76 to $27.93. The stock price saw one of its best stretches over the last year between November 25, 2011 and December 7, 2011, when shares rose for nine straight days, increasing 16.8% (+$3.66) over that span. It saw one of its worst periods between December 29, 2011 and January 6, 2012 when shares fell for six straight days, dropping 8.8% (-$2.22) over that span.

Wall St. Revenue Expectations: On average, analysts predict $586.3 million in revenue this quarter, a rise of 5% from the year-ago quarter. Analysts are forecasting total revenue of $2.37 billion for the year, a rise of 7.2% from last year’s revenue of $2.21 billion.

Analyst Ratings: With eight analysts rating the stock a buy, one rating it a sell and four rating the stock a hold, there are indications of a bullish stance by analysts. Over the past 90 days, the average rating for the stock has moved up from hold to moderate buy.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 1.59 last quarter. The current ratio is an indication of a firm’s liquidity and ability to meet creditor demands and generally, for every dollar the company owes in the short term, it has that figure available in assets that can be converted to cash in the short term. The company regressed in this liquidity measure from 1.66 in the fourth quarter of the last fiscal year to the last quarter driven in part by an increase in liabilities. Current liabilities increased 6.7% to $305 million while assets rose 1.8% to $483.7 million.

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

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