Are You Expecting This from Buckle?

Buckle (NYSE: BKE  ) is expected to report Q4 earnings around Feb. 2. 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 Buckle's revenues will increase 6.0% and EPS will increase 6.8%.

The average estimate for revenue is $357.4 million. On the bottom line, the average EPS estimate is $1.26.

Revenue details
Last quarter, Buckle chalked up revenue of $284.1 million. GAAP reported sales were 3.9% higher than the prior-year quarter's $273.4 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $0.88. GAAP EPS of $0.88 for Q3 were 8.6% higher than the prior-year quarter's $0.81 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 44.1%, 70 basis points better than the prior-year quarter. Operating margin was 23.3%, 120 basis points better than the prior-year quarter. Net margin was 14.8%, 80 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.12 billion. The average EPS estimate is $3.42.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 567 members out of 626 rating the stock outperform, and 59 members rating it underperform. Among 193 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 178 give Buckle a green thumbs-up, and 15 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Buckle is hold, with an average price target of $39.83.

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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool recommends The Buckle. The Motley Fool owns shares of The Buckle. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


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Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On January 31, 2013, at 8:23 PM, paul1942 wrote:

    In this tough quarter, I would expect BKE to be just a little ahead of expected street earnings. BKE has the motivation of its empoyees and CEO to do the best job in sales in this last quarter and previous quarters. It does'nt have a rating 8 to 10 by msn money because of poor leadership,but rather hard work by the entire company. Managers who are chosen by BKE, are the best to provide sales and service. I am satisfied with the company Buckle, and since being a long time stockholder,i shall give BKE credit when credit is due.

  • Report this Comment On February 01, 2013, at 3:34 PM, paul1942 wrote:

    Just a follow up comment. More often than not, the "street" will place a higher threshold for a companies gains then what is realistic. In other words if a company has gained 10% over a year ago for a certain month, then the "street" expects a gain of 2 or 3 % for this year. Sometimes they seem not to factor in a reduction in spending.

    Analysts seem to know a lot,but very seldom do the get it right. It's like throwing darts. A chimpanzee got more stocks right than analysts did.

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