Fossil, Inc. First Quarter Earnings Sneak Peek

Fossil, Inc. (NASDAQ:FOSL) will unveil its latest earnings on Tuesday, May 8, 2012. Fossil is a global design, marketing and distribution company that specializes in consumer fashion accessories.

Fossil, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 92 cents per share, a rise of 7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 98 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 92 cents during the last month. Analysts are projecting profit to rise by 20.8% versus last year to $5.57.

Past Earnings Performance: Last quarter, the company beat estimates by 10 cents, coming in at net income of $1.87 a share versus the estimate of profit of $1.77 a share. It marked the fourth straight quarter of beating estimates.

Investing Insights: What’s the Future of Microsoft’s Stock?

Wall St. Revenue Expectations: On average, analysts predict $617.6 million in revenue this quarter, a rise of 15% from the year-ago quarter. Analysts are forecasting total revenue of $3 billion for the year, a rise of 16.7% from last year’s revenue of $2.57 billion.

Analyst Ratings: Analysts are high on the stock, with nine analysts rating it as a buy, none rating it as a sell and four rating it as a hold.

A Look Back: In the fourth quarter of the last fiscal year, profit rose 22% to $117.9 million ($1.86 a share) from $96.7 million ($1.44 a share) the year earlier, exceeding analyst expectations. Revenue rose 18.5% to $830.8 million from $701.1 million.

Key Stats:

With double-digit revenue growth the past four quarters, this earnings release is a chance to keep that positive trend going. The company has averaged year-over-year revenue growth of 28.2% over the last four quarters.

This upcoming earnings announcement will be a chance to build on positive earnings momentum over the last two quarters. In the third quarter of the last fiscal year, profit rose 2.1% before increasing in the fourth quarter of the last fiscal year.

Stock Price Performance: Between February 6, 2012 and May 2, 2012, the stock price rose $36.48 (36.3%), from $100.49 to $136.97. The stock price saw one of its best stretches over the last year between March 16, 2012 and March 26, 2012, when shares rose for seven straight days, increasing 7.9% (+$9.92) over that span. It saw one of its worst periods between November 16, 2011 and November 25, 2011 when shares fell for seven straight days, dropping 11.5% (-$10.57) over that span.

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

Don’t Miss These Additional Hot Stories:

Why Are These Health Stocks Feeling Under the Weather?

What Do Americans Think About Gold?>>

Here’s How to Bet on a Baby Boom>>