Conns Earnings Preview: Get Ahead of the Analysts
Conns (NASDAQ:CONN) will report earnings before markets open on Thursday, June 6th. Conn’s, Inc. is a specialty retailer of home appliances and consumer electronics through stores in Texas and Louisiana, and via its website. Conn’s also offers home office equipment, lawn and garden products, and other home products such as bedding.
Here is your Cheat Sheet to Conns Earnings:
Earnings Expectations: Analysts expect earnings of $0.55 per share on revenues of $247.26 million. Currently, the company’s P/E ratio stands at 31.92.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.49 to a profit $0.58. For the current year, the average estimate is a profit of $2.51, which is better than the estimate ninety days ago.
Here’s how Conns has been performing on an annual basis:
|Revenue ($) in millions||891||837||791||792||865|
|Diluted EPS ($)||1.14||0.34||-0.04||-0.12||1.56|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||200.85||207.44||206.40||250.34|
|Diluted EPS ($)||0.35||0.35||0.35||0.50|
Conns 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)