Retail and Homebuilding Stocks Await Insights From These Earnings Releases

Dick’s Sporting Goods, Inc. (NYSE:DKS) will unveil its latest earnings on Tuesday, November 15, 2011. The average estimate of analysts is for profit of 26 cents per share, a rise of 18.2% 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 29 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 26 cents during the last month. For the year, analysts are projecting net income of $1.95 per share, a rise of 19.6% from last year.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 2 cents, reporting profit of 52 cents per share against a mean estimate of net income of 50 cents per share. Analysts are projecting a rise of 7.4% in revenue from the year-earlier quarter to $1.16 billion.

Competitors to Watch: Big five Sporting Goods Corp. (NASDAQ:BGFV), Golfsmith Intl. Hldgs., Inc. (NASDAQ:GOLF), Hibbett Sports, Inc. (NASDAQ:HIBB), Cabela’s Incorporated (NYSE:CAB), Sport Chalet, Inc. (NASDAQ:SPCHA), Dover Saddlery, Inc. (NASDAQ:DOVR), Winmark Corporation (NASDAQ:WINA), Deckers Outdoors (NASDAQ:DECK), Nike (NYSE:NKE), The Timberland Company (NYSE:TBL),  and Sports Direct Intl. Plc (NYSE:SPD).

Beazer Homes USA, Inc. (NYSE:BZH) will unveil its latest earnings on Tuesday, November 15, 2011. The average estimate of analysts is for a loss of 32 cents per share, a narrower loss from the year earlier quarter net loss of 54 cents. The average estimate is the same as three months ago. Between one and three months ago, the average estimate moved up. It has dropped from a loss of 30 cents during the last month.

Last quarter, the company fell short of estimates by 11 cents, coming in at net loss of 53 cents a share versus the estimate of a loss of 42 cents a share. It was the fourth straight quarter of missing estimates. On average, analysts predict $307.4 million in revenue this quarter, a rise of 11.9% from the year ago quarter. Analysts are forecasting total revenue of $718.1 million for the year, a decline of 28.9% from last year’s revenue of $1.01 billion.

Competitors to Watch: M.D.C. Holdings, Inc. (NYSE:MDC), KB Home (NYSE:KBH), Hovnanian Enterprises, Inc. (NYSE:HOV), D.R. Horton, Inc. (NYSE:DHI), M/I Homes, Inc. (NYSE:MHO), Orleans Homebuilders (OHBIQ), NVR, Inc. (NYSE:NVR), The Ryland Group, Inc. (NYSE:RYL), PulteGroup, Inc. (NYSE:PHM), and California Coastal Communities, Inc. (CALCQ).

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