Can Buckle Meet These Numbers?

Seth Jayson, The Motley Fool
Updated

Buckle (NYS: BKE) is expected to report Q3 earnings on Nov. 15. 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 Buckle's revenues will expand 3.1% and EPS will grow 2.5%.

The average estimate for revenue is $281.9 million. On the bottom line, the average EPS estimate is $0.83.


Revenue details
 Last quarter, Buckle chalked up revenue of $215.5 million. GAAP reported sales were 1.5% higher than the prior-year quarter's $212.4 million.

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 $0.49. GAAP EPS of $0.49 for Q2 were 2.0% lower than the prior-year quarter's $0.50 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 40.1%, 90 basis points worse than the prior-year quarter. Operating margin was 16.9%, 40 basis points worse than the prior-year quarter. Net margin was 10.8%, 30 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.12 billion. The average EPS estimate is $3.36.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 548 members out of 609 rating the stock outperform, and 61 members rating it underperform. Among 160 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 146 give Buckle a green thumbs-up, and 14 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Buckle is hold, with an average price target of $41.14.

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The article Can Buckle Meet These Numbers? 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 The Buckle. Motley Fool newsletter services recommend The Buckle. 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.

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