We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
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.
Kohl's (KSS) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
Read MoreHide Full Article
Analysts on Wall Street project that Kohl's (KSS - Free Report) will announce quarterly earnings of $0.55 per share in its forthcoming report, representing a decline of 1.8% year over year. Revenues are projected to reach $3.52 billion, declining 0.9% from the same quarter last year.
The current level reflects an upward revision of 40% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Kohl's metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts' assessment points toward 'Revenue- Other revenue' reaching $186.34 million. The estimate suggests a change of -6.4% year over year.
Based on the collective assessment of analysts, 'Revenue- Net sales' should arrive at $3.33 billion. The estimate suggests a change of -0.5% year over year.
It is projected by analysts that the 'Net sales by line of business- Accessories (including Sephora)' will reach $669.05 million. The estimate indicates a year-over-year change of -0.6%.
The consensus estimate for 'Net sales by line of business- Children's' stands at $325.91 million. The estimate indicates a year-over-year change of -2.7%.
The combined assessment of analysts suggests that 'Net sales by line of business- Footwear' will likely reach $288.37 million. The estimate points to a change of -4.2% from the year-ago quarter.
Analysts expect 'Net sales by line of business- Men's' to come in at $687.67 million. The estimate indicates a year-over-year change of -0.2%.
The consensus among analysts is that 'Net sales by line of business- Women's' will reach $945.08 million. The estimate points to a change of +0.2% from the year-ago quarter.
The average prediction of analysts places 'Net sales by line of business- Home' at $407.80 million. The estimate points to a change of +0.4% from the year-ago quarter.
Analysts predict that the 'Number of stores - Total' will reach 1,152 . The estimate is in contrast to the year-ago figure of 1,153 .
Over the past month, Kohl's shares have recorded returns of -4.8% versus the Zacks S&P 500 composite's +2.8% change. Based on its Zacks Rank #2 (Buy), KSS will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
View the Zacks #1 Rank List
Image: Bigstock
Kohl's (KSS) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
Analysts on Wall Street project that Kohl's (KSS - Free Report) will announce quarterly earnings of $0.55 per share in its forthcoming report, representing a decline of 1.8% year over year. Revenues are projected to reach $3.52 billion, declining 0.9% from the same quarter last year.
The current level reflects an upward revision of 40% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Kohl's metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts' assessment points toward 'Revenue- Other revenue' reaching $186.34 million. The estimate suggests a change of -6.4% year over year.
Based on the collective assessment of analysts, 'Revenue- Net sales' should arrive at $3.33 billion. The estimate suggests a change of -0.5% year over year.
It is projected by analysts that the 'Net sales by line of business- Accessories (including Sephora)' will reach $669.05 million. The estimate indicates a year-over-year change of -0.6%.
The consensus estimate for 'Net sales by line of business- Children's' stands at $325.91 million. The estimate indicates a year-over-year change of -2.7%.
The combined assessment of analysts suggests that 'Net sales by line of business- Footwear' will likely reach $288.37 million. The estimate points to a change of -4.2% from the year-ago quarter.
Analysts expect 'Net sales by line of business- Men's' to come in at $687.67 million. The estimate indicates a year-over-year change of -0.2%.
The consensus among analysts is that 'Net sales by line of business- Women's' will reach $945.08 million. The estimate points to a change of +0.2% from the year-ago quarter.
The average prediction of analysts places 'Net sales by line of business- Home' at $407.80 million. The estimate points to a change of +0.4% from the year-ago quarter.
Analysts predict that the 'Number of stores - Total' will reach 1,152 . The estimate is in contrast to the year-ago figure of 1,153 .
View all Key Company Metrics for Kohl's here>>>Over the past month, Kohl's shares have recorded returns of -4.8% versus the Zacks S&P 500 composite's +2.8% change. Based on its Zacks Rank #2 (Buy), KSS will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .