Earnings Preview: Coach's EPS, Revenue Expected to Rise from Previous Quarter

Coach COH releases its next round of earnings this Tuesday, August 2, 2011. Here is Benzinga's everything-that-matters guide for this Tuesday's fourth quarter earnings announcement.

Earnings and Revenue:

Analysts are looking ahead to a positive EPS of 65 cents per share and revenues of $1.01 billion. Investors will be keen to see how this quarter's numbers stack up against the year-ago quarter's positive EPS of 64 cents per share on revenues of $950.5 million. We'll know on Tuesday whether Coach has managed the estimated 1.6% increase in EPS and 6.3% rise in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 Q2 Q1 Q4
EPS Estimate $0.60 $0.97 $0.55 $0.56
EPS Actual $0.62 $1.00 $0.63 $0.64

Stock Performance:

As of July 27, 2011, Coach's current share price was $64.05. Since January 1st, shares of Coach have given investors a return of 16.5%. For a full 12 months, the return has risen by 52.2%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

  • Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Coach is a Moderate Buy. The strength of this rating has crept upwards over the past three months.

Competitors:

Wondering how some of the other consumer discretionary companies are doing? Here are a few of Coach's peers in that sector.

  • Guess GES: Hold with a $0.55 recent quarter EPS
  • Liz Claiborne LIZ: Hold with a -$0.56 recent quarter EPS
  • Fossil (FOSL): Moderate Buy with a $0.86 recent quarter EPS

The textile-apparel company's industry has seen price/earnings growth of 1% during the current fiscal year.

Finally, a description of the company's main areas of operation: Coach is an American marketer of fine accessories and gifts, including handbags, footwear, sunwear, travel bags, business cases, jewelry, clothing, fragrance and watches.

Take Action:

There is your peek into Coach's upcoming earnings numbers, including some competitors to watch around the time of the announcement. Check back in with us after the announcement for a full recap of the announcement. In the meantime, here are some links to explore today.

  • To see up-to-date news on Coach, click here
  • To see other trading ideas, click here
  • To see other company earnings recaps, click here
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Posted In: EarningsLong IdeasNewsShort IdeasPreviewsTrading IdeasApparel RetailApparel, Accessories & Luxury GoodsConsumer Discretionary
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