Coach, Inc. First Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Coach, Inc. (NYSE:COH) will unveil its latest earnings on Tuesday, October 25, 2011. Coach is an American marketer of accessories and gifts, including handbags, footwear, sunwear, travel bags, business cases, jewelry, clothing, fragrance, and watches.

Coach, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 70 cents per share, a rise of 11.1% 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 69 cents. Between one and three months ago, the average estimate was unchanged. It has risen during the last month. For the year, analysts are projecting profit of $3.40 per share, a rise of 16.4% 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 3 cents, reporting net income of 68 cents per share against a mean estimate of profit of 65 cents per share.

Investing Insights: Amazon.com has a Stock Chart Technical Analysts Dream About.

Wall St. Revenue Expectations: Analysts are projecting a rise of 11.9% in revenue from the year-earlier quarter to $1.02 billion.

Analyst Ratings: Analysts are bullish on this stock with 17 analysts rating it as a buy, none rating it as a sell and five rating it as a hold.

A Look Back: In the fourth quarter of the last fiscal year, profit rose 3.6% to $202.5 million (68 cents a share) from $195.5 million (64 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 8.5% to $1.03 billion from $950.5 million.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose 18% in the third quarter of the last fiscal year and 25.9% in the second quarter of the last fiscal year.

Revenue has risen the past four quarters. Revenue rose 14.5% in the third quarter of the last fiscal year from the year earlier, climbed 18.7% in the second quarter of the last fiscal year from the year-ago quarter and 19.7% in the first quarter of the last fiscal year.

Competitors to Watch: Frederick’s of Hollywood Group Inc. (AMEX:FOH), Vera Bradley, Inc. (NASDAQ:VRA), Tiffany & Co. (NYSE:TIF), Fossil, Inc. (NASDAQ:FOSL), Piquadro S.p.A. (NYSE:PQ), Liz Claiborne, Inc. (NYSE:LIZ), Guess?, Inc. (NYSE:GES), Polo Ralph Lauren Corp. (NYSE:RL), Wet Seal (NASDAQ:WTSLA), and Limited Brands (NYSE:LTD).

Stock Price Performance: During August 23, 2011 to October 19, 2011, the stock price had risen $8.14 (15.9%) from $51.06 to $59.20. The stock price saw one of its best stretches over the last year between April 8, 2011 and April 21, 2011 when shares rose for 10-straight days, rising 13.6% (+$6.84) over that span. It saw one of its worst periods between May 27, 2011 and June 8, 2011 when shares fell for eight-straight days, falling 8% (-$5.07) over that span. Shares are up $4.46 (+8.1%) year to date.

(Source: Xignite Financials)

Investing Insights: Amazon.com has a Stock Chart Technical Analysts Dream About.

 

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