Polo Ralph Lauren Corp Third Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Polo Ralph Lauren Corp (NYSE:RL) will unveil its latest earnings on Wednesday, February 8, 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 $1.67 per share, a decline of 2.9% 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 $1.78. Between one and three months ago, the average estimate moved down. It has been unchanged at $1.67 during the last month. For the year, analysts are projecting profit of $6.97 per share, a rise of 20.8% from last year.

Past Earnings Performance: The company is looking to beat analyst estimates for the third quarter in a row. Last quarter, it beat estimates with net income of $2.46 per share against the mean estimate of $2.24. In the prior quarter, the company reported profit of $1.90.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 12.9% in revenue from the year-earlier quarter to $1.75 billion.

Analyst Ratings: Analysts seem relatively indifferent about Polo Ralph Lauren with eight of 12 analysts surveyed maintaining a hold rating.

A Look Back: In the second quarter, profit rose 13.8% to $233.5 million ($2.46 a share) from $205.2 million ($2.09 a share) the year earlier, exceeding analyst expectations. Revenue rose 24.3% to $1.9 billion from $1.53 billion.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 32.4% in the first quarter from the year earlier, climbed 6.7% in the fourth quarter of the last fiscal year from the year-ago quarter and 24.4% in the third 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 20.5%. The quarter with the biggest boost was the first quarter, which saw a 52.4% surge.

Stock Price Performance: During January 4, 2012 to February 2, 2012, the stock price had risen $10.12 (7.1%) from $142.88 to $153. 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% (+$13.77) 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, falling 11.1% (-$17.29) over that span.

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

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com