Coach (NYSE: COH ) is expected to report Q1 earnings around Oct. 16. 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 Coach's revenues will grow 10.4% and EPS will grow 2.7%.
The average estimate for revenue is $1.16 billion. On the bottom line, the average EPS estimate is $0.75.
Last quarter, Coach booked revenue of $1.16 billion. GAAP reported sales were 12% higher than the prior-year quarter's $1.03 billion.
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 $0.86. GAAP EPS of $0.86 for Q4 were 26% higher than the prior-year quarter's $0.68 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 72.6%, 80 basis points better than the prior-year quarter. Operating margin was 30.4%, 10 basis points better than the prior-year quarter. Net margin was 21.8%, 220 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $5.32 billion. The average EPS estimate is $3.85.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 2,542 members out of 2,719 rating the stock outperform, and 177 members rating it underperform. Among 791 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 754 give Coach a green thumbs-up, and 37 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Coach is outperform, with an average price target of $79.45.
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