Ralph Lauren (NYSE: RL ) is expected to report Q3 earnings on Feb. 6. 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 Ralph Lauren's revenues will grow 3.0% and EPS will grow 23.0%.
The average estimate for revenue is $1.86 billion. On the bottom line, the average EPS estimate is $2.19.
Last quarter, Ralph Lauren booked revenue of $1.86 billion. GAAP reported sales were 2.2% lower than the prior-year quarter's $1.90 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 $2.45. GAAP EPS of $2.29 for Q2 were 6.9% lower than the prior-year quarter's $2.46 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 58.8%, 220 basis points better than the prior-year quarter. Operating margin was 18.9%, 50 basis points better than the prior-year quarter. Net margin was 11.5%, 80 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $7.04 billion. The average EPS estimate is $7.89.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 366 members out of 451 rating the stock outperform, and 85 members rating it underperform. Among 127 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 110 give Ralph Lauren a green thumbs-up, and 17 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ralph Lauren is outperform, with an average price target of $171.57.
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