Cabela’s Inc. Fourth Quarter Earnings Sneak Peek

Cabela’s, Inc. (NYSE:CAB) will unveil its latest earnings on Thursday, February 16, 2012. Cabela’s is a specialty retailer and a direct marketer of hunting, fishing, camping, and related outdoor merchandise.

Cabela’s, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 99 cents per share, a rise of 3.1% 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 $1.01. Between one and three months ago, the average estimate moved down. It also has dropped from $1 during the last month. Analysts are projecting profit to rise by 22.6% versus last year to $2.06.

Past Earnings Performance: The company has beaten estimates the last two quarters and is coming off a quarter where it topped the forecasts by 6 cents, reporting profit of 50 cents per share against a mean estimate of net income of 44 cents. In the second quarter, the company exceeded forecasts by 5 cents with profit of 32 cents versus a mean estimate of net income of 27 cents.

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Wall St. Revenue Expectations: On average, analysts predict $963 million in revenue this quarter, a rise of 3.1% from the year-ago quarter. Analysts are forecasting total revenue of $2.79 billion for the year, a rise of 4.9% from last year’s revenue of $2.66 billion.

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

A Look Back: In the third quarter, profit rose 68.7% to $33.3 million (47 cents a share) from $19.7 million (29 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 5.5% to $678.6 million from $643.3 million.

Key Stats:

For three consecutive quarters, the comapny has seen net income rise. Net income rose 20.4% in the second quarter and more than twofold in the first quarter.

Revenue has increased in each of the past four quarters. Revenue rose 6.9% in the second quarter from the year earlier, climbed 4.8% in the first quarter from the year-ago quarter and 1.7% in the fourth quarter of the last fiscal year.

Stock Price Performance: Between December 13, 2011 and February 10, 2012, the stock price had risen $3.41 (13.9%), from $24.45 to $27.86. The stock price saw one of its best stretches over the last year between November 29, 2011 and December 6, 2011, when shares rose for six straight days, increasing 10.4% (+$2.34) over that span. It saw one of its worst periods between April 27, 2011 and May 9, 2011 when shares fell for nine straight days, dropping 19.8% (-$5.71) 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 staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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