Spartan Stores Earnings Preview: Get Ahead of the Analysts

Spartan Stores (NASDAQ:SPTN) will report earnings after markets close on Wednesday, May 22nd. Spartan Stores, Inc. provides food wholesale and retail distribution services. The Company operates a chain of grocery stores in Michigan, Indiana, and Ohio.

Here is your Cheat Sheet to Spartan Stores Earnings:

Earnings Expectations: Analysts expect earnings of $0.37 per share on revenues of $586.45 million. Currently, the company’s P/E ratio stands at 12.76.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.3 and has not changed. For the current year, the average estimate is a profit of $1.37, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 2,477 2,577 2,552 2,533 2,634
Diluted EPS ($) 1.58 1.66 1.14 1.42 1.39

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

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 797.24 614.77 603.91 621.56 789.88
Diluted EPS ($) 0.22 0.4620 0.27 0.47 0.16

Past Performance:
Spartan Stores has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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