Michael Kors Holdings Earnings Preview: Can This Streak Continue?

Michael Kors Holdings (NYSE:KORS) will report earnings before markets open on Wednesday, May 29th. Michael Kors Holdings Limited is a global luxury lifestyle brand. The Company operates in retail, wholesale, and licensing with a strategically controlled global distribution network focused on company-operated retail stores, leading department stores, specialty stores and select licensing partners.

Here is your Cheat Sheet to Michael Kors Holdings Earnings:

Earnings Expectations: Analysts expect earnings of $0.39 per share on revenues of $544.71 million. Currently, the company’s P/E ratio stands at 35.44.

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 $0.48 to a profit $0.47. For the current year, the average estimate is a profit of $1.86, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Michael Kors Holdings has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012
Revenue ($) in millions 397 508 803 1,302
Diluted EPS ($) NA NA 0.40 0.78

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

Quarter Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 379.99 414.86 513.07 636.78
Diluted EPS ($) 0.22 0.34 0.49 0.64

Past Performance:
Michael Kors Holdings 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] wallstcheatsheet.com)