Sears Holdings (Nasdaq: SHLD ) is expected to report Q3 earnings on Nov. 15. 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 Sears Holdings's revenues will contract -8.9% and EPS will remain in the red.
The average estimate for revenue is $8.71 billion. On the bottom line, the average EPS estimate is -$2.32.
Last quarter, Sears Holdings booked revenue of $9.47 billion. GAAP reported sales were 6.6% lower than the prior-year quarter's $10.14 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.86. GAAP EPS were -$1.25 for Q2 compared to -$1.37 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 26.7%, 80 basis points better than the prior-year quarter. Operating margin was -1.0%, 70 basis points better than the prior-year quarter. Net margin was -1.4%, about the same as the prior-year quarter.
The full year's average estimate for revenue is $39.15 billion. The average EPS estimate is -$1.99.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 1,474 members out of 2,331 rating the stock outperform, and 857 members rating it underperform. Among 576 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 338 give Sears Holdings a green thumbs-up, and 238 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sears Holdings is underperform, with an average price target of $29.00.
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