We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Your Two Minute Earnings Preview for Michael Kors (KORS) Stock
Read MoreHide Full Article
This video takes a quick look at Michael Kors stock ahead of its earnings release. The fashion company is still struggling to recoup losses from a couple of years ago, but shares are at least upbeat so far in 2016.
The company also has a pretty solid fundamental rating, as the VGM here comes in with a top grade of ‘A’. Additionally, the most recent estimates have been positive, so the company has a positive Earnings ESP as well. If investors add that to an incredible history in earnings season, things are looking relatively upbeat for KORS in its report.
However, KORS was just downgraded to a ‘hold’ within the past week, moving the company out of ‘buy’ territory in the process. Michael Kors stock also finds itself in the bottom 25% from an industry rank, so it might not be a sure thing after all, though investors should probably expect a beat given the run for KORS.
Michael Kors reports on November 10th after the bell, and we are looking for earnings of $0.88 per share. Make sure to watch the video for a quick guide to KORS heading into the report, but if you want to learn more about trading in earnings season, check out our Zacks Live Trader below for additional information:
Confidential from Zacks
Would you like to access Zacks' 2 best trades that are not available to the public? Zacks Executive VP, Steve Reitmeister knows which of our experts has the hottest hand and when key trades are about to be triggered. Today he is prepared to pass the Best of Our Best along to you. See these timely buys now >>
Due to inactivity, you will be signed out in approximately:
Image: Bigstock
Your Two Minute Earnings Preview for Michael Kors (KORS) Stock
This video takes a quick look at Michael Kors stock ahead of its earnings release. The fashion company is still struggling to recoup losses from a couple of years ago, but shares are at least upbeat so far in 2016.
The company also has a pretty solid fundamental rating, as the VGM here comes in with a top grade of ‘A’. Additionally, the most recent estimates have been positive, so the company has a positive Earnings ESP as well. If investors add that to an incredible history in earnings season, things are looking relatively upbeat for KORS in its report.
However, KORS was just downgraded to a ‘hold’ within the past week, moving the company out of ‘buy’ territory in the process. Michael Kors stock also finds itself in the bottom 25% from an industry rank, so it might not be a sure thing after all, though investors should probably expect a beat given the run for KORS.
MICHAEL KORS Price, Consensus and EPS Surprise
MICHAEL KORS Price, Consensus and EPS Surprise | MICHAEL KORS Quote
Michael Kors reports on November 10th after the bell, and we are looking for earnings of $0.88 per share. Make sure to watch the video for a quick guide to KORS heading into the report, but if you want to learn more about trading in earnings season, check out our Zacks Live Trader below for additional information:
Confidential from Zacks
Would you like to access Zacks' 2 best trades that are not available to the public? Zacks Executive VP, Steve Reitmeister knows which of our experts has the hottest hand and when key trades are about to be triggered. Today he is prepared to pass the Best of Our Best along to you. See these timely buys now >>