These Trendy Retailers are Lightning Up Trading Screens Before Earnings

Blue Nile, Inc. (NASDAQ:NILE) will unveil its latest earnings on Tuesday, November 8, 2011. The average estimate of analysts is for profit of 18 cents per share, a decline of 5.3% 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 22 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 18 cents during the last month. For the year, analysts are projecting net income of $1.02 per share, a rise of 8.5% from last year.

The company fell short of estimates last quarter after topping forecasts the quarter prior. In the second quarter, it reported profit of 19 cents per share against a mean estimate of 22 cents. Two quarters ago, it beat expectations by one cent with net income of 16 cents. On average, analysts predict $72.6 million in revenue this quarter, a rise of 7.6% from the year ago quarter. Analysts are forecasting total revenue of $357 million for the year, a rise of 7.2% from last year’s revenue of $332.9 million.

Competitors to Watch: Zale Corporation (NYSE:ZLC), DGSE Companies, Inc. (AMEX:DGSE), Tiffany & Co. (NYSE:TIF), Birks & Mayors Inc. (AMEX:BMJ), Signet Jewelers Ltd. (NYSE:SIG), Coach, Inc. (NYSE:COH), Signet Jewelers (NYSE:SIG), Amazon.com (NASDAQ:AMZN), eBay (NASDAQ:EBAY), Nordstrom (NYSE:JWN) and Macy’s (NYSE:M).

Fossil, Inc. (NASDAQ:FOSL) will unveil its latest earnings on Tuesday, November 8, 2011. The average estimate of analysts is for net income of $1.03 per share, a rise of 3% 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 has been unchanged at $1.03 during the last month. Analysts are projecting profit to rise by 17.8% versus last year to $4.44.

Last quarter, the company beat estimates by 5 cents, coming in at profit of 80 cents a share versus the estimate of net income of 75 cents a share. It marked the fourth straight quarter of beating estimates. Analysts are projecting a rise of 22.3% in revenue from the year-earlier quarter to $640.6 million.

Competitors to Watch: Movado Group, Inc (NYSE:MOV), Abercrombie & Fitch Co. (NYSE:ANF), American Eagle Outfitters (NYSE:AEO), Urban Outfitters, Inc. (NASDAQ:URBN), Aeropostale, Inc.(NYSE:ARO), The Gap Inc. (NYSE:GPS), Saks (NYSE:SKS), Coach (NYSE:COH), Nordstrom (NYSE:JWN), J.C. Penney (NYSE:JCP), Ralph Lauren (NYSE:RL), The Wet Seal, Inc. (NASDAQ:WTSLA), Zumiez Inc. (NASDAQ:ZUMZ).