Chico's FAS (NYSE: CHS ) is expected to report Q1 earnings on May 29. 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 Chico's FAS's revenues will grow 8.8% and EPS will grow 9.1%.
The average estimate for revenue is $707.8 million. On the bottom line, the average EPS estimate is $0.36.
Last quarter, Chico's FAS recorded revenue of $651.9 million. GAAP reported sales were 15% higher than the prior-year quarter's $569.2 million.
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 $0.20. GAAP EPS of $0.19 for Q4 were 27% higher than the prior-year quarter's $0.15 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 53.2%, 90 basis points better than the prior-year quarter. Operating margin was 7.8%, 100 basis points better than the prior-year quarter. Net margin was 4.8%, 40 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.81 billion. The average EPS estimate is $1.24.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Chico's FAS is outperform, with an average price target of $20.08.
Is Chico's FAS the right retailer for your portfolio? Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks," including one above-average retailing powerhouse. Click here for instant access to this free report.
- Add Chico's FAS to My Watchlist.