Kohl’s Corp Third Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Kohl’s Corp (NYSE:KSS) will unveil its latest earnings on Thursday, November 10, 2011. Kohl’s operates department stores that offer apparel, footwear and accessories as well as home products and housewares.

Kohl’s Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 78 cents per share, a rise of 23.8% 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 77 cents. Between one and three months ago, the average estimate moved up. It has dropped from 79 cents during the last month. Analysts are projecting profit to rise by 21.1% versus last year to $4.42.

Past Earnings Performance: The company is looking to make a streak of three quarters of beating estimates. Last quarter, it beat expectations by reporting profit of $1.09 per share, and the previous quarter, it had net income of 73 cents.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 4.3% in revenue from the year-earlier quarter to $4.4 billion.

Analyst Ratings: Analysts are bullish on this stock with 16 analysts rating it as a buy, one rating it as a sell and three rating it as a hold.

A Look Back: In the second quarter, profit rose 15% to $299 million ($1.08 a share) from $260 million (84 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 3.6% to $4.25 billion from $4.1 billion.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose 6% in the first quarter and 14.2% in the fourth quarter of the last fiscal year.

Revenue has risen the past four quarters. Revenue rose 3.1% in the first quarter from the year earlier, climbed 6.3% in the fourth quarter of the last fiscal year from the year-ago quarter and 4.1% in the third quarter of the last fiscal year.

Competitors to Watch: J.C. Penney Company, Inc. (NYSE:JCP), Sears Holdings Corporation (NASDAQ:SHLD), Macy’s, Inc. (NYSE:M), The Bon-Ton Stores, Inc. (NASDAQ:BONT), Dillard’s, Inc. (NYSE:DDS), Saks Incorporated (NYSE:SKS), Nordstrom, Inc. (NYSE:JWN), Target Corporation (NYSE:TGT), Overstock.com, Inc. (NASDAQ:OSTK), and QKL Stores Inc (NASDAQ:QKLS).

Stock Price Performance: During September 9, 2011 to November 4, 2011, the stock price had risen $13.48 (31.6%) from $42.60 to $56.08. The stock price saw one of its best stretches over the last year between February 2, 2011 and February 10, 2011 when shares rose for seven-straight days, rising 4.4% (+$2.22) over that span. It saw one of its worst periods between November 24, 2010 and December 13, 2010 when shares fell for 13-straight days, falling 7.2% (-$4.09) over that span. Shares are up $2.55 (+4.8%) year to date.

(Source: Xignite Financials)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.