These Retail Stocks Are Buzzing Among Traders Ahead of Earnings

Kohl’s Corp (NYSE:KSS) will unveil its latest earnings on Thursday, November 10, 2011. The average estimate of analysts is for net income of 78 cents per share, a rise of 23.8% 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 77 cents. Between one and three months ago, the average estimate moved up. It has dropped from 79 cents during the last month. Analysts are projecting profit to rise by 21.1% versus last year to $4.42.

The company is looking to make a streak of three quarters of beating estimates. Last quarter, it beat expectations by reporting profit of $1.09 per share, and the previous quarter, it had net income of 73 cents. Analysts are projecting a rise of 4.3% in revenue from the year-earlier quarter to $4.4 billion.

Competitors to Watch: J.C. Penney Company, Inc. (NYSE:JCP), Sears Holdings Corporation (NASDAQ:SHLD), Macy’s, Inc. (NYSE:M), The Bon-Ton Stores, Inc. (NASDAQ:BONT), Dillard’s, Inc. (NYSE:DDS), Saks Incorporated (NYSE:SKS), Nordstrom, Inc. (NYSE:JWN), Target Corporation (NYSE:TGT), Overstock.com, Inc. (NASDAQ:OSTK), and QKL Stores Inc (NASDAQ:QKLS).

Nordstrom, Inc. (NYSE:JWN) will unveil its latest earnings on Thursday, November 10, 2011. The average estimate of analysts is for profit of 58 cents per share, a rise of 9.4% 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 55 cents. Between one and three months ago, the average estimate moved up. It has risen from 56 cents during the last month. Analysts are projecting profit to rise by 13.5% versus last year to $3.12.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 7 cents, reporting net income of 80 cents per share against a mean estimate of profit of 73 cents per share. On average, analysts predict $2.37 billion in revenue this quarter, a rise of 13.4% from the year ago quarter. Analysts are forecasting total revenue of $10.45 billion for the year, a rise of 12.2% from last year’s revenue of $9.31 billion.

Competitors to Watch: Macy’s, Inc. (NYSE:M), Saks Incorporated (NYSE:SKS), Stage Stores, Inc. (NYSE:SSI), Dillard’s, Inc. (NYSE:DDS), J.C. Penney Company, Inc. (NYSE:JCP), Stein Mart, Inc. (NASDAQ:SMRT), Kohl’s Corporation (NYSE:KSS), Syms Corp. (NASDAQ:SYMS), The Buckle, Inc. (NYSE:BKE), and Citi Trends, Inc. (NASDAQ:CTRN).