Polo Ralph Lauren Corp Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Polo Ralph Lauren Corp (NYSE:RL) will unveil its latest earnings on Tuesday, May 22, 2012. Polo Ralph Lauren designs and sells premium lifestyle products, including apparel, accessories, fragrances and home furnishings.

Polo Ralph Lauren Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 86 cents per share, a rise of 13.2% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 90 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 88 cents during the last month. For the year, analysts are projecting profit of $7.10 per share, a rise of 23.1% from last year.

Past Earnings Performance: The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked net income of $1.78 per share versus a mean estimate of profit of $1.67 per share.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 11.9% in revenue from the year-earlier quarter to $1.6 billion.

Analyst Ratings: Analysts seem relatively indifferent about Polo Ralph Lauren with seven of 11 analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, profit rose 0.4% to $169 million ($1.78 a share) from $168.4 million ($1.72 a share) the year earlier, exceeding analyst expectations. Revenue rose 16.6% to $1.81 billion from $1.55 billion.

Key Stats:

This upcoming earnings announcement will be a chance to build on positive earnings momentum over the last three quarters. Net income rose 52.4% in the first quarter and 13.8% in the second quarter before increasing again in the third quarter.

On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 6.7% in the fourth quarter of the last fiscal year, 32.4% in the first quarter and 24.3% in the second quarter before increasing again in the third quarter.

Stock Price Performance: Between March 20, 2012 and May 16, 2012, the stock price had fallen $26.83 (-15.2%), from $176.79 to $149.96. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011, when shares rose for nine straight days, increasing 11% (+$13.75) over that span. It saw one of its worst periods between November 14, 2011 and November 25, 2011 when shares fell for nine straight days, dropping 11.1% (-$17.26) over that span.

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

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