Kirkland’s Earnings Preview: Get Ahead of the Analysts

Kirkland’s (NASDAQ:KIRK) will report earnings before markets open on Thursday, August 22nd. Kirkland’s, Inc. retails home accessories and gifts. The Company’s stores sell a variety of products, including framed art, candles, lamps, picture frames, rugs, garden accessories, artificial plants, and holiday merchandise. Kirkland’s operates in the United States.

Here is your Cheat Sheet to Kirkland’s Earnings:

Earnings Expectations: Analysts expect earnings of $-0.10 per share on revenues of $97.76 million. Currently, the company’s P/E ratio stands at 21.02.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.01 and has not changed. For the current year, the average estimate is a profit of $0.85, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2009 2010 2011 2012 2013
Revenue ($) in millions 391 406 415 430 448
Diluted EPS ($) 0.47 1.71 1.28 0.95 0.77

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

Quarter Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013 Apr. 30, 2013
Revenue ($) in millions 91.00 96.69 162.88 101.23
Diluted EPS ($) -0.11 -0.02 0.82 0.10

Past Performance:
Kirkland’s has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

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

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