Williams-Sonoma Earnings Preview
Investors are on the edge of their collective seats, hoping that Williams-Sonoma (NYS: WSM) will top analyst expectations for the fifth consecutive quarter. The company will unveil its latest earnings on Thursday, March 8. Williams-Sonoma is a retailer of products for the home. The retail segment of its business sells products through five retail store concepts: Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, and Williams-Sonoma Home.
What analysts say:
- Buy, sell, or hold?: Analysts think investors should stand pat on Williams-Sonoma with 12 of 22 analysts rating it hold. Analysts don't like Williams-Sonoma as much as competitor Pier 1 Imports overall. Eight out of 10 analysts rate Pier 1 Imports a buy compared to nine of 22 for Williams-Sonoma. 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 $1.25 billion in revenue this quarter. That would represent a rise of 4.2% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $1.13 per share. Estimates range from $1.10 to $1.15.
What our community says:
CAPS All-Stars are solidly behind the stock, with 79.4% awarding it an "outperform" rating. The majority of the Fools are in agreement with the All-Stars, as 68.5% give it an "outperform" rating. Williams-Sonoma's bearish CAPS rating of two out of five stars falls short of the Fool community sentiment.
Williams-Sonoma's profit has risen year-over-year by an average of 34.2% over the past five quarters. Revenue has now gone up for three straight quarters.
One final thing: If you want to keep tabs on Williams-Sonoma movements, and for more analysis on the company, make sure you add it to your Watchlist.
Motley Fool newsletter services have recommended buying shares of Williams-Sonoma.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.Earnings estimates provided by Zacks.
At the time this article was published
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.