Polo Ralph Lauren Corp Second Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Polo Ralph Lauren Corp (NYSE:RL) will unveil its latest earnings on Wednesday, November 9, 2011. 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 $2.24 per share, a rise of 7.2% 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 $2.22. Between one and three months ago, the average estimate was unchanged. It has risen during the last month. For the year, analysts are projecting profit of $6.84 per share, a rise of 18.5% from last year.

Past Earnings Performance: The company topped forecasts last quarter after being in line with estimates the quarter prior. In the first quarter, it reported net income of $1.90 per share versus a mean estimate of $1.45. Two quarters ago, it reported profit of 76 cents per share.

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

Wall St. Revenue Expectations: On average, analysts predict $1.84 billion in revenue this quarter, a rise of 20.3% from the year ago quarter. Analysts are forecasting total revenue of $6.75 billion for the year, a rise of 19.3% from last year’s revenue of $5.66 billion.

Analyst Ratings: seven out of 13 analysts surveyed (53.8%) have a buy rating on Polo Ralph Lauren.. This is below the mean analyst rating of 10 competitors, which average 58.3% buy ratings.

A Look Back: In the first quarter, profit rose 52.4% to $184.1 million ($1.90 a share) from $120.8 million ($1.21 a share) the year earlier, exceeding analyst expectations. Revenue rose 32.4% to $1.53 billion from $1.15 billion.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 6.7% in the fourth quarter of the last fiscal year from the year earlier, climbed 24.4% in the third quarter of the last fiscal year from the year-ago quarter and 11.5% in the second quarter of the last fiscal year.

The company has now been profitable for the last eight quarters, and for the last four, profit has risen year over year by an average of 20.9%. The quarter with the biggest boost was the most recent quarter, which saw a 52.4% surge.

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), Nordstrom (NYSE:JWN), Guess?, Inc. (NYSE:GES), Coach, Inc. (NYSE:COH),  Phillips-Van Heusen Corp. (NYSE:PVH), V.F. Corporation (NYSE:VFC). Frederick’s of Hollywood Group Inc. (AMEX:FOH), Vera Bradley, Inc. (NASDAQ:VRA), Tiffany & Co. (NYSE:TIF), Fossil, Inc. (NASDAQ:FOSL), Piquadro S.p.A. (NYSE:PQ), Wet Seal (NASDAQ:WTSLA), Abercrombie & Fitch (NYSE:ANF), Gap (NYSE:GPS), Express (NYSE:EXPR), Urban Outfitters (NASDAQ:URBN) and Limited Brands (NYSE:LTD)

Stock Price Performance: During August 10, 2011 to November 3, 2011, the stock price had risen $32.28 (25.8%) from $125.11 to $157.39. 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, rising 11% (+$13.78) over that span. It saw one of its worst periods between August 15, 2011 and August 22, 2011 when shares fell for six-straight days, falling 13.9% (-$19.55) over that span. Shares are up $46.97 (+42.5%) year to date.

(Source: Xignite Financials)

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