Finish Line Earnings: Your Sneak Peek to the Big Announcement

Finish Line (NASDAQ:FINL) will report earnings before markets open on Thursday, March 28th. The Finish Line, Inc. is a specialty retailer of men’s, women’s and children’s brand name athletic and leisure footwear, activewear, and accessories. Brand names carried by the Company include Nike, Reebok, K-Swiss, And 1, Asics, adidas, Timberland, New Balance, Saucony, Skechers, and Converse.

Here is your Cheat Sheet to Finish Line Earnings:

Earnings Expectations: Analysts expect earnings of $0.75 per share on revenues of $452.34 million. Currently, the company’s P/E ratio stands at 12.29.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.28 to a profit $0.24. For the current year, the average estimate is a profit of $1.48, which is worse than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,201 1,195 1,172 1,229 1,369
Diluted EPS ($) -1.29 0.07 0.64 1.26 1.59

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

Quarter Nov. 30, 2011 Feb. 29, 2012 May. 31, 2012 Aug. 31, 2012 Nov. 30, 2012
Revenue ($) in millions 282.01 456.26 319.05 385.01 296.62
Diluted EPS ($) 0.11 0.79 0.24 0.49 0.00

Past Performance:
Finish Line has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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