Jos. A. Bank Clothiers, Inc. Second Quarter Earnings Sneak Peek

Jos. A. Bank Clothiers, Inc. (NASDAQ:JOSB) will unveil its latest earnings on Monday, August 29, 2011. Jos. A. Bank Clothiers, Inc. is a designer, retailer and direct marketer of men’s tailored and casual clothing and accessories.

Jos. A. Bank Clothiers, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 68 cents per share, a rise of 15.3% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged and it has not changed during the last month. For the year, analysts are projecting profit of $3.41 per share, a rise of 10.7% from last year.

Past Earnings Performance: The company fell short of estimates last quarter after topping forecasts the quarter prior. In the first quarter, it reported net income of 64 cents per share against a mean estimate of 66 cents. Two quarters ago, it beat expectations by 4 cents with profit of $1.47.

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Wall St. Revenue Expectations: On average, analysts predict $209.7 million in revenue this quarter, a rise of 11.3% from the year ago quarter. Analysts are forecasting total revenue of $952 million for the year, a rise of 10.9% from last year’s revenue of $858.1 million.

Analyst Ratings: Analysts seem relatively indifferent about Jos. A. Bank Clothiers with four of seven analysts surveyed maintaining a hold rating.

Key Stats:

The company has now seen net income rise in three straight quarters. In the first quarter, net income rose 12.7% while it rose 15.5% in the fourth quarter of the last fiscal year and 7.1% in the third quarter of the last fiscal year.

Revenue has risen the past four quarters. Revenue increased 8.5% to $193.3 million in first quarter. The figure rose 14% in the fourth quarter of the last fiscal year from the year earlier, climbed 7.4% in the third quarter of the last fiscal year from the year-ago quarter and 12.3% in the second quarter of the last fiscal year.

Competitors to Watch: The Men’s Wearhouse, Inc. (NYSE:MW), Casual Male Retail Group, Inc. (NASDAQ:CMRG), Zumiez Inc. (NASDAQ:ZUMZ), Pacific Sunwear of California, Inc. (NASDAQ:PSUN), Aeropostale, Inc. (NYSE:ARO), Nordstrom (NYSE:JWN), JC Penney (NYSE:JCP), The Gap Inc. (NYSE:GPS) and Express, Inc. (NYSE:EXPR).

Stock Price Performance: During May 27, 2011 to August 23, 2011, the stock price had fallen $11.83 (-21.1%) from $56.01 to $44.18. It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven-straight days, falling 20.5% (-$11.72) over that span. The stock price saw one of its best stretches over the last year between February 2, 2011 and February 14, 2011 when shares rose for nine-straight days, rising 8.5% (+$3.58) over that span. Shares are up $3.86 (+9.6%) year to date.

(Source: Xignite Financials)

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.