DSW First Quarter Earnings Sneak Peek

DSW, Inc. (NYSE:DSW) will unveil its latest earnings on Tuesday, May 22, 2012. DSW is a branded footwear specialty retailer in the United States.

DSW, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for profit of 90 cents per share, a rise of 5.9% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 94 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 90 cents during the last month. For the year, analysts are projecting net income of $3.31 per share, a rise of 10.3% from last year.

Past Earnings Performance: Last quarter, the company beat estimates by 2 cents, coming in at profit of 51 cents a share versus the estimate of net income of 49 cents a share. It marked the fourth straight quarter of beating estimates.

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Wall St. Revenue Expectations: Analysts predict a rise of 8.8% in revenue from the year-earlier quarter to $548.1 million.

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

A Look Back: In the fourth quarter of the last fiscal year, profit rose 4.8% to $19.4 million (24 cents a share) from $18.5 million (41 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 9.7% to $513.7 million from $468.4 million.

Key Stats:

This upcoming earnings announcement will be a chance to build on positive earnings momentum over the last three quarters. Net income rose more than fivefold in the second quarter of the last fiscal year and 51.1% in the third quarter of the last fiscal year before increasing again in the fourth quarter of the last fiscal year.

On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 12% in the first quarter of the last fiscal year, 14.7% in the second quarter of the last fiscal year and 8.5% in the third quarter of the last fiscal year before increasing again in the fourth quarter of the last fiscal year of the last fiscal year.

Stock Price Performance: Between February 21, 2012 and May 16, 2012, the stock price rose $2.54 (4.8%), from $53.14 to $55.68. The stock price saw one of its best stretches over the last year between April 10, 2012 and April 18, 2012, when shares rose for seven straight days, increasing 8.4% (+$4.37) over that span. It saw one of its worst periods between May 27, 2011 and June 6, 2011 when shares fell for six straight days, dropping 11.2% (-$5.46) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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