Coming Soon: Ascena Retail Group Earnings

Ascena Retail Group (NAS: ASNA) is expected to report Q2 earnings on March 4. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Ascena Retail Group's revenues will grow 42.9% and EPS will compress -43.9%.

The average estimate for revenue is $1.23 billion. On the bottom line, the average EPS estimate is $0.23.


Revenue details
Last quarter, Ascena Retail Group reported revenue of $1.14 billion. GAAP reported sales were 48% higher than the prior-year quarter's $768.3 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.39. GAAP EPS of $0.27 for Q1 were 10.0% lower than the prior-year quarter's $0.30 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 59.4%, 220 basis points better than the prior-year quarter. Operating margin was 8.8%, 220 basis points worse than the prior-year quarter. Net margin was 3.8%, 240 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $4.77 billion. The average EPS estimate is $1.24.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 238 members out of 266 rating the stock outperform, and 28 members rating it underperform. Among 84 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 80 give Ascena Retail Group a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ascena Retail Group is outperform, with an average price target of $26.33.

Is Ascena Retail Group the right retailer for your portfolio? Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks," including one above-average retailing powerhouse. Click here for instant access to this free report.

The article Coming Soon: Ascena Retail Group Earnings originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool recommends Ascena Retail Group. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Managing your Portfolio

Keeping your portfolio and financial life fit!

View Course »

Investing in Startups

The lucrative and risky world of startups.

View Course »

Add a Comment

*0 / 3000 Character Maximum