The Talbots, Inc. Second Quarter Earnings Sneak Peek

The Talbots, Inc. (NYSE:TLB) will unveil its latest earnings on Wednesday, September 7, 2011. The Company together with its wholly owned subsidiaries is a retailer and direct marketer of women’s apparel, shoes, and accessories.

The Talbots, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net loss of 44 cents per share, a swing from profit of 14 cents in the year earlier quarter. During the past three months, the average estimate has moved down from a loss of 3 cents. Between one and three months ago, the average estimate moved down, but it has been unchanged at a loss of 44 cents during the last month. For the year, analysts are projecting a loss of 44 cents per share, a swing from net income of 61 cents last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 5 cents, reporting profit of 8 cents per share against a mean estimate of net income of 3 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $264.6 million in revenue this quarter, a decline of 12% from the year ago quarter. Analysts are forecasting total revenue of $1.11 billion for the year, a decline of 8.3% from last year’s revenue of $1.21 billion.

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

Key Stats:

Revenue has fallen in the past four quarters. Revenue declined 6% to $301.3 million in first quarter. The figure fell 7.4% in the fourth quarter of the last fiscal year from the year earlier, dropped 3.2% in third quarter of the last fiscal year from the year-ago quarter and 1.3% in the second quarter of the last fiscal year.

Competitors to Watch: Coldwater Creek Inc. (NASDAQ:CWTR), Christopher & Banks Corp. (NYSE:CBK), New York & Company, Inc. (NYSE:NWY), Ann Inc (NYSE:ANN), Ascena Retail Group Inc (NASDAQ:ASNA), Charming Shoppes, Inc. (NASDAQ:CHRS), Limited Brands, Inc. (NYSE:LTD), Chico’s FAS, Inc. (NYSE:CHS), The Cato Corporation (NYSE:CATO), J.C. Penney (NYSE:JCP), Nordstrom (NYSE:JWN), and Destination Maternity Corp. (NASDAQ:DEST).

Stock Price Performance: During July 7, 2011 to September 1, 2011, the stock price had fallen 80 cents (-23.1%) from $3.47 to $2.67. The stock price saw one of its best stretches over the last year between June 8, 2011 and June 15, 2011 when shares rose for six-straight days, rising 27.3% (+69 cents) over that span. It saw one of its worst periods between January 27, 2011 and February 4, 2011 when shares fell for seven-straight days, falling 15.9% (-99 cents) over that span. Shares are down $5.85 (-68.7%) year to date.

(Source: Xignite Financials)

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.