Sears Holdings (Nasdaq: SHLD ) reported earnings on Nov. 15. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Oct. 27 (Q3), Sears Holdings beat slightly on revenues and exceeded expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP loss per share increased.
Margins shrank across the board.
Sears Holdings notched revenue of $8.86 billion. The four analysts polled by S&P Capital IQ predicted a top line of $8.71 billion on the same basis. GAAP reported sales were 7.4% lower than the prior-year quarter's $9.57 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at -$1.99. The four earnings estimates compiled by S&P Capital IQ anticipated -$2.32 per share. GAAP EPS were -$4.70 for Q3 compared to -$3.95 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 quarter, gross margin was 25.4%, 30 basis points worse than the prior-year quarter. Operating margin was -5.1%, 80 basis points worse than the prior-year quarter. Net margin was -5.6%, 120 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $11.53 billion. On the bottom line, the average EPS estimate is $1.35.
Next 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 1,473 members out of 2,333 rating the stock outperform, and 860 members rating it underperform. Among 586 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 344 give Sears Holdings a green thumbs-up, and 242 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 $29.33.
Looking for alternatives to Sears Holdings? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add Sears Holdings to My Watchlist.