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Fred's, Inc. (FRED) is due to report earnings before the opening bell on Thursday, August 25.

Overview

Fred's and its subsidiaries sell general merchandise through retail discount stores and pharmacies in the southeastern United States. The company was founded in 1947 and is headquartered in Memphis, Tennessee.

Recent Price: $10.55

52 Week High: $14.74

52 Week Low: $10.34

Book Value: $10.99

On average, analysts are expecting a drop of $-0.10 in earnings per share compared to last quarter's results of $0.24. Investors will be looking to see a number north of $0.14 per share, based on the earnings estimates. Analyst estimates range between $0.13 and $0.15 per share.

The current trailing twelve months (ttm) P/E ratio is 13.5. The forward P/E ratio is 12.7.

Looking at the price movement over the last month, the stock has fallen in price -24.73 %, in the last quarter, it has returned -10.71%, with a one year change of -6.07%.

Comparing to the S&P 500 price changes, the price performances are -11.32% vs. the S&P 500 from a month ago, -11.87% vs. the S&P 500 from six months ago, and the year to date difference is -15.62% vs. the S&P 500 price change.

Revenue year-over-year has increased to $1.84 billion for 2011 vs. $1.79 billion for 2010. The bottom line has rising earnings year-over-year of $29.59 million for 2011 vs. $23.62 million for 2010. The company's earnings before income and taxes are rising with an EBIT year-over-year of $46.72 million for 2011 vs. $38.49 million for 2010.

Gross revenue is growing at an annual rate of 2.79%.

click on image to enlarge

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Apr-11 $ 485.05 M $ 484.40 M $ -0.65 M -0.13%
Jan-11 $ 490.20 M $ 485.63 M $ -4.57 M -0.93%
Oct-10 $ 437.56 M $ 435.00 M $ -2.56 M -0.59%
Jul-10 $ 455.70 M $ 449.47 M $ -6.23 M -1.37%
Apr-10 $ 467.96 M $ 471.65 M $ 3.69 M 0.79%
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 %
Apr-11 0.24 0.24 0 0.00%
Jan-11 0.21 0.22 0.01 4.76%
Oct-10 0.18 0.20 0.02 11.11%
Jul-10 0.14 0.13 -0.01 -7.14%
Apr-10 0.20 0.21 0.01 5%
(Some onetime items are often excluded in reported EPS)

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner.

I use Seeking Alpha, Edgar Online, Google Finance, MSN Money, CNBC, Zacks and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.

Source: Earnings Preview: Fred's Reports Q2 Results Thursday