Polo Ralph Lauren Corp Quarterly Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Polo Ralph Lauren Corp (NYSE:RL) will unveil its latest earnings on Wednesday, August 10, 2011. Polo Ralph Lauren Corp. 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 $1.45 per share, a rise of 19.8% 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 $1.35. For the year, analysts are projecting profit of $6.36 per share, a rise of 10.2% from last year.

Past Earnings Performance: The company met estimates last quarter after beating the forecasts in the prior two. In the fourth quarter of the last fiscal year, the company reported net income of 76 cents per share versus a mean estimate of profit of 76 cents per share. In the third quarter of the last fiscal year, the company beat estimates by 44 cents.

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Wall St. Revenue Expectations: On average, analysts predict $1.43 billion in revenue this quarter, a rise of 24.3% from the year ago quarter. Analysts are forecasting total revenue of $6.54 billion for the year, a rise of 15.5% from last year’s revenue of $5.66 billion.

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

Key Stats:

The decrease in profit in the fourth quarter of the last fiscal year breaks a streak of three consecutive quarters of year-over-year profit increases. Net income fell 35.8% in the fourth quarter of the last fiscal year from the year earlier, while the figure rose 51.6% in the third quarter of the last fiscal year, 15.6% in the second quarter of the last fiscal year and 57.3% in the first quarter of the last fiscal year.

Revenue has risen the past four quarters. Revenue increased 6.7% to $1.43 billion in fourth quarter of the last fiscal year. The figure rose 24.4% in the third quarter of the last fiscal year from the year earlier, climbed 11.5% in the second quarter of the last fiscal year from the year-ago quarter and 12.7% in the first quarter of the last fiscal year.

Competitors to Watch: Liz Claiborne, Inc. (NYSE:LIZ), The Warnaco Group, Inc. (NYSE:WRC), Maidenform Brands, Inc. (NYSE:MFB), Jones Apparel Group, Inc. (NYSE:JNY), AccessTel, Inc. (ACCS), Guess?, Inc. (NYSE:GES), Coach, Inc. (NYSE:COH), Blue Holdings Inc. (BLHI), Phillips-Van Heusen Corp. (NYSE:PVH), and V.F. Corporation (NYSE:VFC).

Stock Price Performance: During July 7, 2011 to August 4, 2011, the stock price had dropped $18.92 (-13.6%) from $139.19 to $120.27. The stock price saw one of its best stretches over the last year between September 7, 2010 and September 20, 2010 when shares rose for 10-straight days, rising 12% (+$9.58) over that span. It saw one of its worst periods between August 9, 2010 and August 16, 2010 when shares fell for six-straight days, falling 7.8% (-$6.74) over that span. Shares are up $9.70 (+8.8%) year to date.

(Source: Xignite Financials)

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