Sears Holdings Corporation (SHLD) to Release Quarterly Earnings on Wednesday
Sears Holdings Corporation (NASDAQ:SHLD) will be announcing its earnings results before the market opens on Wednesday, August 23rd. Analysts expect the company to announce earnings of ($2.94) per share for the quarter.
Sears Holdings Corporation (NASDAQ:SHLD) last announced its quarterly earnings results on Thursday, May 25th. The company reported ($2.15) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.72) by $1.43. The business had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.05 billion. The firm’s revenue was down 20.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($1.86) EPS. On average, analysts expect Sears Holdings Corporation to post $-11.20 EPS for the current fiscal year and $-11.87 EPS for the next fiscal year.
Sears Holdings Corporation (SHLD) opened at 8.63 on Wednesday. The stock’s market capitalization is $925.70 million. Sears Holdings Corporation has a 52 week low of $5.50 and a 52 week high of $17.59. The firm has a 50-day moving average of $8.55 and a 200 day moving average of $8.76.
Several equities research analysts have issued reports on the company. Vetr upgraded Sears Holdings Corporation from a “strong sell” rating to a “sell” rating and set a $7.05 price objective on the stock in a report on Thursday, May 18th. ValuEngine downgraded Sears Holdings Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, July 6th. Finally, BidaskClub upgraded Sears Holdings Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th.
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Sears Holdings Corporation Company Profile
Sears Holdings Corporation is an integrated retailer. The Company is the parent company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co (Sears). The Company’s segments are Kmart and Sears Domestic. It also offers Shop Your Way, a member-based social shopping platform that offers rewards and personalized services.
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