SUPERVALU INC. Second Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component SUPERVALU INC. (NYSE:SVU) will unveil its latest earnings on Wednesday, October 19, 2011. SUPERVALU operates as a grocery retailer in the United States.

SUPERVALU INC. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 20 cents per share, a decline of 28.6% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 21 cents. Between one and three months ago, the average estimate was unchanged. It has since dropped over the last month. Analysts are projecting profit to rise by 11.5% versus last year to $1.23.

Past Earnings Performance: The company has beaten estimates the last two quarters and is coming off a quarter where it topped the forecasts by 2 cents, reporting profit of 35 cents per share against a mean estimate of net income of 33 cents. In the fourth quarter of the last fiscal year, the company exceeded forecasts by 10 cents with profit of 44 cents versus a mean estimate of net income of 34 cents.

Investing Insights: Amazon.com has a Stock Chart Technical Analysts Dream About.

Wall St. Revenue Expectations: Analysts are projecting a decline of 3.5% in revenue from the year-earlier quarter to $8.36 billion.

Analyst Ratings: Analysts seem relatively indifferent about SUPERVALU with seven of 11 analysts surveyed maintaining a hold rating.

A Look Back: In the first quarter, profit rose 10.4% to $74 million (35 cents a share) from $67 million (31 cents a share) the year earlier, exceeding analyst expectations. Revenue fell 3.7% to $11.11 billion from $11.54 billion.

Key Stats:

Revenue has fallen in the past four quarters. Revenue declined 5.9% in the fourth quarter of the last fiscal year from the year earlier, dropped 5.9% in third quarter of the last fiscal year from the year-ago quarter and 8.5% in the second quarter of the last fiscal year.

Competitors to Watch: Safeway Inc. (NYSE:SWY), The Kroger Co. (NYSE:KR), Whole Foods Market, Inc. (NASDAQ:WFM), Winn-Dixie Stores, Inc. (NASDAQ:WINN), Ingles Markets, Inc. (NASDAQ:IMKTA), Nash-Finch Company (NASDAQ:NAFC), AMCON Distributing Co. (AMEX:DIT), Spartan Stores, Inc. (NASDAQ:SPTN), Wal-Mart (NYSE:WMT), Target (NYSE:TGT), The Great Atlantic & Pacific Tea Co. (GAPTQ), and Weis Markets, Inc. (NYSE:WMK).

Stock Price Performance: During July 20, 2011 to October 13, 2011, the stock price had fallen $1.04 (-11.4%) from $9.13 to $8.09. The stock price saw one of its best stretches over the last year between March 16, 2011 and March 25, 2011 when shares rose for eight-straight days, rising 16.1% (+$1.20) over that span. It saw one of its worst periods between November 10, 2010 and November 26, 2010 when shares fell for 12-straight days, falling 17.1% (-$1.73) over that span. Shares are down $1.25 (-13.4%) year to date.

(Source: Xignite Financials)

Investing Insights: Amazon.com has a Stock Chart Technical Analysts Dream About.

 

More from The Cheat Sheet