These 2 Luxury Consumer Goods Stocks are Making Moves Before Earnings

The Estee Lauder Companies, Inc. (NYSE:EL) will unveil its latest earnings on Thursday, November 3, 2011. The average estimate of analysts is for net income of $1.18 per share, a rise of 21.6% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $1.12. Between one and three months ago, the average estimate moved up. It has been unchanged at $1.18 during the last month. For the year, analysts are projecting profit of $4.28 per share, a rise of 16% from last year.

The company met estimates last quarter after beating the forecasts in the prior two. In the fourth quarter of the last fiscal year, the company reported net income of 25 cents per share versus a mean estimate of profit of 25 cents per share. In the third quarter of the last fiscal year, the company beat estimates by 14 cents. Analysts are projecting a rise of 15.3% in revenue from the year-earlier quarter to $2.41 billion.

Competitors to Watch: Avon Products, Inc. (NYSE:AVP), Alberto-Culver Company (NYSE:ACV), Revlon, Inc. (NYSE:REV), Elizabeth Arden, Inc. (NASDAQ:RDEN), Inter Parfums, Inc. (NASDAQ:IPAR), Nu Skin Enterprises, Inc. (NYSE:NUS), The Procter & Gamble Co. (NYSE:PG), Parlux Fragrances, Inc. (NASDAQ:PARL), Physicians Formula Hldgs., Inc. (NASDAQ:FACE).

The Warnaco Group, Inc. (NYSE:WRC) will unveil its latest earnings on Thursday, November 3, 2011. The average estimate of analysts is for profit of $1.08 per share, a rise of 3.8% 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 $1.24. Between one and three months ago, the average estimate moved down. It also has dropped from $1.09 during the last month. For the year, analysts are projecting net income of $4.04 per share, a rise of 14.1% from last year.

The company topped estimates last quarter after missing forecasts the quarter prior. In the second quarter, it reported profit of 82 cents per share against a mean estimate of net income of 74 cents per share. In the first quarter, it missed forecasts by 17 cents. On average, analysts predict $657.9 million in revenue this quarter, a rise of 10.2% from the year ago quarter. Analysts are forecasting total revenue of $2.56 billion for the year, a rise of 11.3% from last year’s revenue of $2.3 billion.

Competitors to Watch: Polo Ralph Lauren Corp. (NYSE:RL), Hanesbrands Inc. (NYSE:HBI), Phillips-Van Heusen Corp. (NYSE:PVH), Wacoal Hldgs. Corp. (NASDAQ:WACLY), Sears Holdings Corporation (NASDAQ:SHLD), Saks Incorporated (NYSE:SKS), Macy’s, Inc. (NYSE:M), Kohl’s Corporation (NYSE:KSS), Dillard’s, Inc. (NYSE:DDS), Nordstrom, Inc. (NYSE:JWN), Overstock.com, Inc. (NASDAQ:OSTK), Wal-Mart Stores, Inc. (NYSE:WMT), The TJX Companies (NYSE:TJX), Ross Stores (NASDAQ:ROST) and Target Corporation (NYSE:TGT).

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