Sears Holdings Corp. (SHLD) to Release Quarterly Earnings on Thursday
Sears Holdings Corp. (NASDAQ:SHLD) is scheduled to post its Q114 quarterly earnings results on Thursday, May 22nd. Analysts expect Sears Holdings Corp. to post earnings of ($1.77) per share and revenue of $7.75 billion for the quarter.
Sears Holdings Corp. (NASDAQ:SHLD) last posted its quarterly earnings results on Thursday, February 27th. The company reported ($0.96) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.82) by $0.86. The company had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.57 billion. During the same quarter in the previous year, the company posted $1.12 earnings per share. The company’s revenue for the quarter was down 13.6% on a year-over-year basis. On average, analysts expect Sears Holdings Corp. to post $-7.41 EPS for the current fiscal year and $-7.46 EPS for the next fiscal year.
Shares of Sears Holdings Corp. (NASDAQ:SHLD) opened at 37.95 on Wednesday. Sears Holdings Corp. has a 1-year low of $31.26 and a 1-year high of $67.50. The stock’s 50-day moving average is $40.7 and its 200-day moving average is $45.2. The company’s market cap is $4.040 billion.
Several analysts have recently commented on the stock. Analysts at CIBC downgraded shares of Sears Holdings Corp. to a “sector performer” rating in a research note on Thursday, May 15th. On the ratings front, analysts at Zacks reiterated a “neutral” rating on shares of Sears Holdings Corp. in a research note on Friday, April 4th. They now have a $53.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Sears Holdings Corp. in a research note on Monday, March 3rd. They now have a $47.00 price target on the stock. One analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $29.33.
Sears Holdings Corporation (NASDAQ:SHLD) is a retailer with 2,172 full-line and 1,338 specialty retail stores in the United States operating through Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co (Sears) and 500 full-line and specialty retail stores in Canada operating through Sears Canada Inc (Sears Canada), a 95%-owned subsidiary.
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