Kohl's Beats Analyst Estimates on EPS

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Kohl's (NYS: KSS) reported earnings on Nov. 8. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Oct. 27 (Q3), Kohl's met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew slightly and GAAP earnings per share grew.


Gross margins contracted, operating margins were steady, net margins were steady.

Revenue details
Kohl's reported revenue of $4.49 billion. The 17 analysts polled by S&P Capital IQ predicted a top line of $4.48 billion on the same basis. GAAP reported sales were 2.6% higher than the prior-year quarter's $4.38 billion.

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

EPS details
EPS came in at $0.91. The 21 earnings estimates compiled by S&P Capital IQ averaged $0.87 per share. GAAP EPS of $0.91 for Q3 were 14% higher than the prior-year quarter's $0.80 per share.

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

Margin details
For the quarter, gross margin was 38.1%, 50 basis points worse than the prior-year quarter. Operating margin was 9.5%, about the same as the prior-year quarter. Net margin was 4.8%, about the same as the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $6.45 billion. On the bottom line, the average EPS estimate is $2.16.

Next year's average estimate for revenue is $19.34 billion. The average EPS estimate is $4.62.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 633 members out of 763 rating the stock outperform, and 130 members rating it underperform. Among 212 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 183 give Kohl's a green thumbs-up, and 29 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kohl's is outperform, with an average price target of $57.45.

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The article Kohl's Beats Analyst Estimates on EPS originally appeared on Fool.com.

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 ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. TMFDisclosureHere

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