Blue Nile Earnings Preview
Blue Nile (NAS: NILE) hasn't been able to establish an earnings trend, bouncing between beating and falling short of estimates during the past fiscal year. The company will unveil its latest earnings on Thursday. Blue Nile is an online retailer of high-quality diamonds and fine jewelry in the United States.
What analysts say
- Buy, sell, or hold?: Analysts think investors should stand pat on Blue Nile with nine of 13 analysts rating it hold. Analysts like Blue Nile better than competitor Zale overall. Zero out of three analysts rate Zale a buy compared to three of 13 for Blue Nile. While analysts still rate the stock a hold, they are a little more optimistic about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $84.1 million in revenue this quarter. That would represent a rise of 9.8% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.22 per share. Estimates range from $0.20 to $0.29.
What our community says
CAPS All-Stars are solidly behind the stock with 81.5% granting it an outperform rating. The community at large backs the All-Stars with 77% assigning it a rating of outperform. Fools are keen on Blue Nile and haven't been shy with their opinions lately, logging 487 posts in the past 30 days. Blue Nile's bearish CAPS rating of two out of five stars falls short of the Fool community sentiment.
Blue Nile's profit has risen year over year by an average of 5.3%. Revenue has now gone up for three straight quarters.
We can help you keep tabs on your companies with My Watchlist, our free, personalized service. Add Blue Nile now.
Motley Fool newsletter services have recommended buying shares of Blue Nile.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.
At the time this article was published
Copyright © 1995 - 2011 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.