ANN INC (NYSE: ANN ) is expected to report Q2 earnings on Aug. 17. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict ANN INC's revenues will grow 4.9% and EPS will expand 8.5%.
The average estimate for revenue is $585.7 million. On the bottom line, the average EPS estimate is $0.51.
Last quarter, ANN INC booked revenue of $560.4 million. GAAP reported sales were 7.0% higher than the prior-year quarter's $523.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.58. GAAP EPS of $0.58 for Q1 were 14% higher than the prior-year quarter's $0.51 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 56.6%, 70 basis points worse than the prior-year quarter. Operating margin was 8.1%, 70 basis points worse than the prior-year quarter. Net margin was 5.1%, 10 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.37 billion. The average EPS estimate is $2.05.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 177 members out of 259 rating the stock outperform, and 82 members rating it underperform. Among 92 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 67 give ANN INC a green thumbs-up, and 25 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ANN INC is outperform, with an average price target of $30.20.
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