Jos. A. Bank Clothiers Inc. Third Quarter Earnings Sneak Peek

Jos. A. Bank Clothiers, Inc. (NASDAQ:JOSB) will unveil its latest earnings on Thursday, December 1, 2011. Jos. A. Bank Clothiers 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 profit of 51 cents per share, a rise of 13.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 50 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 51 cents during the last month. For the year, analysts are projecting net income of $3.48 per share, a rise of 13% from last year.

Last quarter, the company came in at profit of 74 cents per share against a mean estimate of net income of 68 cents per share, beating estimates after missing them in the previous quarter. In the first quarter, it missed forecasts by 2 cents.

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Wall St. Revenue Expectations: On average, analysts predict $196 million in revenue this quarter, a rise of 13.1% from the year ago quarter. Analysts are forecasting total revenue of $970.2 million for the year, a rise of 13.1% from last year’s revenue of $858.1 million.

Analyst Ratings: Analysts are bullish on this stock with four analysts rating it as a buy, none rating it as a sell and three rating it as a hold. Over the past 90 days, the average rating for the stock has moved up from hold to moderate buy.

A Look Back: In the second quarter, profit rose 24.7% to $20.6 million (74 cents a share) from $16.5 million (59 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 22.4% to $230.7 million from $188.4 million.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose 12.7% in the first quarter and 15.5% in the fourth quarter of the last fiscal year.

Revenue has risen the past four quarters. Revenue rose 8.5% in the first quarter from the year earlier, climbed 14% in the fourth quarter of the last fiscal year from the year-ago quarter and 7.4% in the third 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 October 27, 2011 to November 25, 2011, the stock price had dropped $5.18 (-9.4%) from $55.35 to $50.17. 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. It saw one of its worst periods between November 15, 2011 and November 25, 2011 when shares fell for eight-straight days, falling 7.9% (-$4.31) over that span. Shares are up $9.85 (+24.4%) year to date.

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

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