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.

Analyst Trends:

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.

Earnings Trends:

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

Fiscal Year 2009 2010 2011 2012 2013
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

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

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