Saks Incorporated (NYSE:SKS) is due to report earnings before the opening bell on Tuesday, August 16.
SKS trades an average of 3.24 million shares per day, and has a market cap of $1.42 billion.
The company was founded in 1919 and is headquartered in New York, New York.
Industry: Retail (Department & Discount)
Recent Price: $8.74
52 Week High: $12.97
52 Week Low: $6.60
Book Value: $7.25
On average, 6 analysts are expecting $-0.09 per share, a drop of $-0.26 in earnings per share compared to last quarter's results of $0.17. Investors will be looking to see a number north of $-0.09 per share, based on the earnings estimates. Analyst estimates range between $-0.1 and $-0.08 per share. The current trailing twelve months (ttm) P/E ratio is 24.86.
Investors have been rewarded with an increase of year-over-year revenue. Revenue reported was $2.79 billion for 2011 vs. $2.63 billion for 2010. The bottom line has rising earnings year-over-year of $47.846 million for 2011 vs. $-57.92 million for 2010. The company's earnings before income and taxes are rising with an EBIT year-over-year of $90.10 million for 2011 vs. $-54.49 million for 2010.
Gross reported revenue compared to the mean estimate (rounded).
|Fiscal Quarter Ending Month-Year||Revenue Estimates||Actual||$ Difference||Difference %|
|Apr-11||$ 725.46 M||$ 726.00 M||$ 0.54 M||0.07%|
|Jan-11||$ 859.71 M||$ 866.33 M||$ 6.62 M||0.77%|
|Oct-10||$ 655.97 M||$ 658.83 M||$ 2.86 M||0.44%|
|Jul-10||$ 585.07 M||$ 593.15 M||$ 8.08 M||1.38%|
|Apr-10||$ 662.02 M||$ 667.44 M||$ 5.42 M||0.82%|
M = millions, B = billions
Reported earnings per share compared to the mean estimate. Differences are rounded.
|Fiscal Quarter Ending Month-Year||Estimate||Actual||Difference||Difference %|
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