Stein Mart Earnings: What Investors Should Watch

Stein Mart (NASDAQ:SMRT) will report earnings before markets open on Thursday, August 22nd. Stein Mart, Inc. operates a retail chain of stores located primarily in neighborhood shopping centers in metropolitan areas. The Company’s stores offer moderate to designer brand-name apparel for women, men, and children, as well as accessories, gifts, linens, shoes, and fragrances.

Here is your Cheat Sheet to Stein Mart Earnings:

Earnings Expectations: Analysts expect earnings of $0.08 per share on revenues of $295.53 million. Currently, the company’s P/E ratio stands at 19.92.

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 loss of $0.05 to a loss $0.03. For the current year, the average estimate is a profit of $0.66, which is better than the estimate ninety days ago.

Earnings Trends:

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

Fiscal Year 2009 2010 2011 2012 2013
Revenue ($) in millions 1,326 0 1,182 1,160 1,232
Diluted EPS ($) -1.72 0.54 1.08 0.44 0.57

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

Quarter Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013 Apr. 30, 2013
Revenue ($) in millions 280.37 273.73 368.56 321.36
Diluted EPS ($) 0.05 -0.04 0.30 0.33

Past Performance:
Stein Mart has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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