Cato Earnings: Your Sneak Peek to the Big Announcement

Cato (NYSE:CATO) will report earnings before markets open on Thursday, August 22nd. The Cato Corporation and its subsidiaries operate and manage stores in the United States. The stores, under the names Cato, Cato Fashions, Cato Plus, and It’s Fashion!, feature women’s apparel and accessories for juniors, misses, and large sizes. The Company’s apparel includes dresses, careerware, coats, hosiery, shoes, handbags, and other related items.

Here is your Cheat Sheet to Cato Earnings:

Earnings Expectations: Analysts expect earnings of $0.48 per share on revenues of $237.00 million. Currently, the company’s P/E ratio stands at 13.34.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.11 and has not changed. For the current year, the average estimate is a profit of $1.81, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Cato has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012 2013
Revenue ($) in millions 858 884 926 931 944
Diluted EPS ($) 1.15 1.55 1.96 2.21 2.11

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013 Apr. 30, 2013
Revenue ($) in millions 234.06 200.01 234.64 269.70
Diluted EPS ($) 0.59 0.16 0.27 1.05

Past Performance:
Cato has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

More Articles About:   , , , ,  

More from The Cheat Sheet