Buffalo Wild Wings Second Quarter Earnings Sneak Peek

Buffalo Wild Wings (NASDAQ:BWLD) will unveil its latest earnings on Tuesday, July 24, 2012. Buffalo Wild Wings is an owner, operator, and franchiser of restaurants.

Buffalo Wild Wings Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for net income of 68 cents per share, a rise of 17.2% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from 65 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 68 cents during the last month. Analysts are projecting profit to rise by 19.8% versus last year to $3.27.

Past Earnings Performance: The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked profit of 98 cents per share versus a mean estimate of net income of 95 cents per share.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 30.5% in revenue from the year-earlier quarter to $240.3 million.

A Look Back: In the first quarter, profit rose 22.8% to $18.2 million (98 cents a share) from $14.9 million (81 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 37.9% to $251.1 million from $182.2 million.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 1.42 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.

Key Stats:

With double-digit revenue growth the past four quarters, this earnings release is a chance to keep that positive trend going. The company has averaged year-over-year revenue growth of 32.3% over the last four quarters.

After experiencing income increases the last three quarters, the company is hoping to keep the good news coming with this earnings announcement. Net income rose 32.5% in the third quarter of the last fiscal year and 34% in the fourth quarter of the last fiscal year before increasing again in the first quarter.

Stock Price Performance: Between June 19, 2012 and July 18, 2012, the stock price dropped $2.40 (-2.8%), from $87.26 to $84.86. The stock price saw one of its best stretches over the last year between February 6, 2012 and February 13, 2012, when shares rose for six straight days, increasing 24.7% (+$17.01) over that span. It saw one of its worst periods between July 19, 2011 and July 29, 2011 when shares fell for nine straight days, dropping 8.4% (-$5.83) over that span.

Analyst Ratings: With eight analysts rating the stock as a buy, two rating it as a sell and eight rating it as a hold, there are indications of a bullish outlook.

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

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