Shares of These 2 Retail Companies on Radar Before Earnings

The Gap, Inc. (NYSE:GPS) will unveil its latest earnings on Thursday, November 17, 2011. The average estimate of analysts is for net income of 37 cents per share, a decline of 22.9% 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 34 cents. Between one and three months ago, the average estimate moved down. It has risen from 33 cents during the last month. For the year, analysts are projecting profit of $1.49 per share, a decline of 20.7% from last year.

Last quarter, the company reported net income of 35 cents per share versus a mean estimate of profit of. The company has beaten estimates for the past three quarters. On average, analysts predict $3.61 billion in revenue this quarter, a decline of 1.1% from the year ago quarter. Analysts are forecasting total revenue of $14.65 billion for the year, a decline of 0.1% from last year’s revenue of $14.66 billion.

Competitors to Watch: Urban Outfitters, Inc. (NASDAQ:URBN), Abercrombie & Fitch Co. (NYSE:ANF), The Gymboree Corporation (GYMB), The Buckle, Inc. (NYSE:BKE), American Eagle Outfitters (NYSE:AEO), J. Crew Group, Inc. (NYSE:JCG), Aeropostale, Inc. (NYSE:ARO), Children’s Place Retail Stores, Inc. (NASDAQ:PLCE), The Walking Co. Hldgs., Inc. (WALK), and The Wet Seal, Inc. (NASDAQ:WTSLA).

The Wet Seal, Inc. (NASDAQ:WTSLA) will unveil its latest earnings on Thursday, November 17, 2011. The average estimate of analysts is for net income of 5 cents per share, a rise of 66.7% 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 4 cents. Between one and three months ago, the average estimate moved up. It has dropped from 6 cents during the last month. For the year, analysts are projecting profit of 21 cents per share, a rise of 23.5% from last year.

Last quarter, the company topped estimates by 0 cents, coming in at net income of 3 cents per share against a mean estimate of profit of 2 cents. The company fell in line with estimates in the first quarter.  Analysts are projecting a rise of 7.7% in revenue from the year-earlier quarter to $157.7 million.

Competitors to Watch: Body Central Acquisition Corp. (NASDAQ:BODY), bebe stores, inc. (NASDAQ:BEBE), dELiA*s, Inc. (NASDAQ:DLIA), Limited Brands, Inc. (NYSE:LTD), The Cato Corporation (NYSE:CATO), Aeropostale, Inc. (NYSE:ARO), The Buckle, Inc. (NYSE:BKE), Abercrombie & Fitch Co. (NYSE:ANF), Pacific Sunwear of California, Inc. (NASDAQ:PSUN), and Zumiez Inc. (NASDAQ:ZUMZ).

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