Quiksilver Earnings: What Investors Should Watch

Quiksilver (NYSE:ZQK) will report earnings after markets close on Thursday, June 6th. Quiksilver, Inc. designs, produces, and distributes branded apparel, winter sports and golf equipment, footwear, accessories, and related products.

Here is your Cheat Sheet to Quiksilver Earnings:

Earnings Expectations: Analysts expect earnings of $0.04 per share on revenues of $505.36 million.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.1 to a profit $0.11. For the current year, the average estimate is a profit of $0.13, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Quiksilver has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 2,265 1,978 1,838 1,953 2,013
Diluted EPS ($) -1.75 -1.51 -0.07 -0.13 -0.07

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

Quarter Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013
Revenue ($) in millions 492.21 512.44 558.97 431.02
Diluted EPS ($) -0.03 0.07 0.02 -0.19

Past Performance:
Quiksilver has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)