Jones Apparel Group Earnings Preview: Can This Streak Continue?

Jones Apparel Group (NYSE:JNY) will report earnings before markets open on Wednesday, May 1st. The Jones Group Inc. designs, markets, and wholesales a variety of branded apparel, footwear, jeanswear, jewelry and handbags, including sportswear, jeanswear, suits, dresses, and footwear. The Company also markets directly to consumers through branded specialty retail and outlet stores and through its e-commerce sites. .

Here is your Cheat Sheet to Jones Apparel Group Earnings:

Earnings Expectations: Analysts expect earnings of $0.26 per share on revenues of $1.00 billion.

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 $0.26 to a profit $0.2. For the current year, the average estimate is a profit of $1.18, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Jones Apparel Group has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 3,616 3,327 3,643 3,785 3,798
Diluted EPS ($) -9.23 -1.02 0.62 0.61 -0.72

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

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 893.60 936.00 854.80 1,035 971.90
Diluted EPS ($) -0.2776 -0.01 0.10 0.22 -1.086

Past Performance:
Jones Apparel Group has beat analyst estimates 4 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]