Wal-Mart Stores Inc. Third Quarter Earnings Sneak Peek

Wal-Mart Stores, Inc. (NYSE:WMT) will unveil its latest earnings on Tuesday, November 15, 2011. Wal-Mart Stores operates Walmart discount stores, supercenters, Neighborhood Markets and Sam’s Club locations in the United States.

Wal-Mart Stores, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 97 cents per share, a rise of 7.8% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 10.1% versus last year to $4.48.

Past Earnings Performance: Last quarter, the company reported profit of $1.09 per share versus a mean estimate of net income of. The company has beaten estimates for the past three quarters.

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

Wall St. Revenue Expectations: On average, analysts predict $107.87 billion in revenue this quarter, a rise of 5.8% from the year ago quarter. Analysts are forecasting total revenue of $443.58 billion for the year, a rise of 5.2% from last year’s revenue of $421.85 billion.

Analyst Ratings: 12 out of 23 analysts surveyed (52.2%) have a buy rating on Wal-Mart Stores.. This is below the mean analyst rating of 10 competitors, which average 55.6% buy ratings.

A Look Back: In the second quarter, profit rose 5.7% to $3.8 billion ($1.09 a share) from $3.6 billion (97 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 5.4% to $109.37 billion from $103.73 billion.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose 2.3% in the first quarter and 30.7% in the fourth quarter of the last fiscal year.

Revenue has risen the past four quarters. Revenue rose 4.3% in the first quarter from the year earlier, climbed 2.4% in the fourth quarter of the last fiscal year from the year-ago quarter and 2.6% in the third quarter of the last fiscal year.

Competitors to Watch: Target Corporation (NYSE:TGT), Costco Wholesale Corp. (NASDAQ:COST), Best Buy (NYSE:BBY), Dollar General Corp. (NYSE:DG), eBay (NASDAQ:EBAY), Sears Holdings (NASDAQ:SHLD), BJ’s Wholesale Club, Inc. (NYSE:BJ), Family Dollar Stores, Inc. (NYSE:FDO), Gordmans Stores, Inc. (NASDAQ:GMAN), Dollar Tree, Inc. (NASDAQ:DLTR), Amazon.com, Inc. (NASDAQ:AMZN), and Fred’s, Inc. (NASDAQ:FRED).

Stock Price Performance: During August 16, 2011 to November 9, 2011, the stock price had risen $6.13 (11.8%) from $51.92 to $58.05. The stock price saw one of its best stretches over the last year between April 25, 2011 and May 3, 2011 when shares rose for seven-straight days, rising 3.9% (+$2.06) over that span. It saw one of its worst periods between July 22, 2011 and August 4, 2011 when shares fell for 10-straight days, falling 8.1% (-$4.39) over that span. Shares are up $5.23 (+9.9%) year to date.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

 

More from The Cheat Sheet