Highly Expected Earnings: Kohl’s Corporation (NYSE:KSS), J.C. Penney Company, Inc. (NYSE:JCP), Wal-Mart Stores, Inc. (NYSE:WMT)


Kohl’s Corporation (NYSE:KSS),family-oriented department stores, expected to posts its results for the first quarter on Thursday, May 16, 2013 as analysts are expecting for lower profit. The firm declared profit of 63 cents a year before, but the consensus anticipates calls for EPS of 59 cents this quarter.

The average predictions have dropped from 65 cents over the previous quarter. The experts are predicting earnings of $4.29 a share for the fiscal year. Revenue is anticipated to be 1.1 percent over the year-earlier total of $4.24B at $4.29B for the three months. While for year, revenue is forecasted to roll in at $19.42B.

As the experts have lower results expiations  for J.C. Penney Company, Inc. (NYSE:JCP) in the month leading up to the firm’s Q1 earnings proclamation slated for Thursday. The consensus analyst expects has moved from a loss of $0.81 a share to the present forecast of a loss of $1.17 per share.

The average anticipates has plunged over the last quarter from a loss of 38 cents. The analysts are anticipating a loss of $3.37 a share for the fiscal year. Experts forecast for revenue to dropped 13.7 percent YoY to $2.72B for the quarter, following being $3.15B a year before. The revenue is anticipated to come in at $12.3B for the year.

As well, Wal-Mart Stores, Inc. (NYSE:WMT) aims to announces its Q1 earnings on Thursday, May 16, 2013.

The expectations of Wall Street is $1.15 a share, increased 5.5 percent from a year before at what time Wal-Mart announced earnings of $1.09 a share.

The average forecast has plummeted from $1.19 over the last three months. Analysts are predicting earnings of $5.34 a share for the fiscal year. Revenue is anticipated to be 3 percent more than the year-earlier total of $113.02B at $116.42B for the quarter. The revenue is anticipated to come in at $493.04B for the year.


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