What Does Wall Street See for Dillard's Q3?
Dillard's (NYS: DDS) is expected to report Q3 earnings around Nov. 8. 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 Dillard's revenues will expand 1.7% and EPS will increase 43.8%.
The average estimate for revenue is $1.44 billion. On the bottom line, the average EPS estimate is $0.69.
Revenue details
Last quarter, Dillard's reported revenue of $1.53 billion. GAAP reported sales were 3.3% higher than the prior-year quarter's $1.48 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, EPS came in at $0.63. GAAP EPS of $0.63 for Q2 were 97% higher than the prior-year quarter's $0.32 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 35.2%, 50 basis points better than the prior-year quarter. Operating margin was 4.3%, 160 basis points better than the prior-year quarter. Net margin was 2.0%, 80 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $6.67 billion. The average EPS estimate is $5.97.
Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 153 members out of 393 rating the stock outperform, and 240 members rating it underperform. Among 126 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 57 give Dillard's a green thumbs-up, and 69 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Dillard's is outperform, with an average price target of $67.50.
If you're invested in retailers like Dillard's, you should check out the concept that is The Motley Fool's top stock for 2012. Its founder wrote the book on big box retailing, and it's growing in increasingly important international markets. Click here for instant access to this free report.
Add Dillard's to My Watchlist.
The article What Does Wall Street See for Dillard's Q3? 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. The Motley Fool owns shares of Dillard's. 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.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
