The Fresh Market Earnings: What Investors Should Watch
The Fresh Market (NASDAQ:TFM) will report earnings before markets open on Wednesday, May 29th. Fresh Market, Inc. retails food. The Company operates a chain of stores that retail fresh premium perishable food items. Fresh Market operates in the southeastern, midwestern and mid-Atlantic states.
Here is your Cheat Sheet to The Fresh Market Earnings:
Earnings Expectations: Analysts expect earnings of $0.44 per share on revenues of $369.83 million. Currently, the company’s P/E ratio stands at 34.95.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.35 to a profit $0.32. For the current year, the average estimate is a profit of $1.56, which is worse than the estimate ninety days ago.
Here’s how The Fresh Market has been performing on an annual basis:
|Revenue ($) in millions||798||0||78||1,108||1,329|
|Diluted EPS ($)||NA||1.03||0.48||1.07||1.33|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||324.78||313.00||321.49||369.86|
|Diluted EPS ($)||0.40||0.28||0.23||0.43|
The Fresh Market 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)