Sears Holdings Corp Second Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Sears Holdings Corp (NASDAQ:SHLD) will unveil its latest earnings on Thursday, August 18, 2011. Sears Holdings Corporation is a retail conglomerate with full-line and specialty retail stores in the United States and Canada. It is the holding company of Kmart Holding Corporation and Sears, Roebuck and Co. Its three reportable segments are Kmart, Sears Domestic and Sears Canada.

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.

Sears Holdings Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for a loss of 46 cents per share, a wider loss from the year earlier quarter net loss of 19 cents. During the past three months, the average estimate has moved up from a loss of 53 cents. Between one and three months ago, the average estimate moved up, but it has been unchanged at a loss of 46 cents during the last month. For the year, analysts are projecting net loss of $1.02 per share, a swing from profit of $2.07 last year.

Past Earnings Performance: The company fell short of estimates last quarter after topping forecasts the quarter prior. In the first quarter, it reported a loss of $1.39 per share against a mean estimate of $1.22. Two quarters ago, it beat expectations by 17 cents with net income of $3.67.

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.

Wall St. Revenue Expectations: On average, analysts predict $10.13 billion in revenue this quarter, a decline of 3.2% from the year ago quarter. Analysts are forecasting total revenue of $42.55 billion for the year, a decline of 1.8% from last year’s revenue of $43.33 billion.

Analyst Ratings: Analysts are bearish on Sears Holdings as two analysts rate it as a sell, none rate it as a buy and two rate it as a hold.

Key Stats:

Revenue has fallen in the past four quarters. Revenue declined 3.4% to $9.71 billion in first quarter. The figure fell 0.8% in the fourth quarter of the last fiscal year from the year earlier, dropped 5% in third quarter of the last fiscal year from the year-ago quarter and 0.9% in the second quarter of the last fiscal year.

Competitors to Watch: J.C. Penney Company, Inc. (NYSE:JCP), Kohl’s Corporation (NYSE:KSS), Macy’s, Inc. (NYSE:M), Dillard’s, Inc. (NYSE:DDS), Wal-Mart Stores, Inc. (NYSE:WMT), Saks Incorporated (NYSE:SKS), The Bon-Ton Stores, Inc. (NASDAQ:BONT), Target Corporation (NYSE:TGT), Overstock.com, Inc. (NASDAQ:OSTK), and Nordstrom, Inc. (NYSE:JWN).

Stock Price Performance: During May 18, 2011 to August 12, 2011, the stock price had fallen $15.10 (-19.9%) from $75.85 to $60.75. The stock price saw one of its best stretches over the last year between February 7, 2011 and February 11, 2011 when shares rose for five-straight days, rising 9.9% (+$8.19) over that span. It saw one of its worst periods between March 30, 2011 and April 8, 2011 when shares fell for eight-straight days, falling 6.1% (-$5.07) over that span. Shares are down $13 (-17.6%) year to date.

(Source: Xignite Financials)

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.

More from The Cheat Sheet