Stein Mart: Here’s What Investors Need to Know Before Earnings
Stein Mart (NASDAQ:SMRT) will report earnings before markets open on Thursday, May 23rd. 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 $0.29 per share on revenues of $312.30 million. Currently, the company’s P/E ratio stands at 20.85.
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 $0.05 and has not changed. For the current year, the average estimate is a profit of $0.56, which is the same as the estimate ninety days ago.
Here’s how Stein Mart has been performing on an annual basis:
|Revenue ($) in millions||1,326||0||1,182||1,160||1,232|
|Diluted EPS ($)||-1.72||0.54||1.08||0.44||0.57|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||303.39||280.37||273.73||368.56|
|Diluted EPS ($)||0.27||0.05||-0.04||0.30|
Stein Mart has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)