Kohl's (NYSE: KSS ) is expected to report Q3 earnings on Nov. 8. 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 Kohl's revenues will expand 2.3% and EPS will grow 8.7%.
The average estimate for revenue is $4.48 billion. On the bottom line, the average EPS estimate is $0.87.
Last quarter, Kohl's booked revenue of $4.21 billion. GAAP reported sales were 1.0% lower than the prior-year quarter's $4.25 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 $1.00. GAAP EPS of $1.00 for Q2 were 7.4% lower than the prior-year quarter's $1.08 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 39.0%, 170 basis points worse than the prior-year quarter. Operating margin was 10.9%, 200 basis points worse than the prior-year quarter. Net margin was 5.7%, 130 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $19.34 billion. The average EPS estimate is $4.62.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 632 members out of 760 rating the stock outperform, and 128 members rating it underperform. Among 211 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 183 give Kohl's a green thumbs-up, and 28 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kohl's is outperform, with an average price target of $56.00.
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