Williams-Sonoma Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Williams-Sonoma, Inc. WSM is expected to release its financial results for the fourth quarter, before the opening bell on March 13, 2024.

Analysts expect the San Francisco, California-based company to report quarterly earnings at $5.14 per share, down from $5.50 per share in the year-ago period. Williams-Sonoma is projected to post revenue of $2.23 billion for the latest quarter, compared to $2.45 billion in the year-earlier quarter, according to data from Benzinga Pro.

On Dec. 14, Williams-Sonoma’s board declared a quarterly cash dividend of 90 cents per common share.

Williams-Sonoma shares gained 2% to close at $241.05 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Wells Fargo analyst Zachary Fadem maintained an Equal-Weight rating and boosted the price target from $210 to $240 on March 11, 2024. This analyst has an accuracy rate of 87%.
• Telsey Advisory Group analyst Joseph Feldman maintained an Outperform rating and raised the price target from $215 to $265 on March 11, 2024. This analyst has an accuracy rate of 74%.
• Wedbush analyst Seth Basham maintained an Outperform rating and boosted the price target from $230 to $280 on March 7, 2024. This analyst has an accuracy rate of 76%.
• Evercore ISI Group analyst Greg Melich maintained an In-Line rating and raised the price target from $160 to $175 on Nov. 17, 2023. This analyst has an accuracy rate of 72%.
• JP Morgan analyst Christopher Horvers maintained an Underweight rating and raised the price target from $135 to $145 on Nov. 17, 2023. This analyst has an accuracy rate of 75%.

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