It is the dog days of summer, and the earnings season is winding down. A few more big retailers are scheduled to share their most recent quarterly results this week, including Abercrombie & Fitch (NYSE: ANF), Best Buy (NYSE: BBY) and Dollar General (NYSE: DG).
Some solar companies are on deck this week, too, including Trina Solar (NYSE: TSL) and Yingli Green Energy (NYSE: YGE). Investors will get to see how Smith & Wesson (NYSE: SWHC) fared in a period that included unease about immigration and ongoing concern about Second Amendment issues.
Abercrombie & Fitch
The fiscal second-quarter forecast for Abercrombie & Fitch calls for earnings per share (EPS) have declined from $0.14 in the year-ago period to $0.11 in Thursday morning's report. Revenues are expected to have fallen almost 4 percent to $909.22 million.
Note that the consensus EPS estimate has ticked down by a penny in the past 60 days, but the retailer topped consensus EPS expectations by double-digit percentages in the previous three quarters. So far, the consensus forecast for the current quarter includes a year-on-year earnings gain.
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Best Buy
Analysts expect this consumer electronics superstore operator to say that it had earnings of $0.31 per share in its fiscal second quarter. That would be down from $0.32 per share in the year-ago period. Revenues are forecast to have slipped from $9.30 billion a year ago to $8.99 billion for the three months that ended in July.
Best Buy handily topped EPS estimates in the previous four periods by as much as 166 percent, but the consensus EPS estimates for the most recent quarter ticked down a penny from breakeven. The company is scheduled to report Tuesday before the markets open.
Dollar General
This discount retailer, which just saw its takeover bid for rival Family Dollar rejected, is expected to report a profit of $0.83 per share in Thursday morning's report. That would be up from EPS of $0.77 in the same period of last year. Note that analysts overestimated its EPS in the previous quarter, but only by a penny.
The company also is expected to say that revenues gained more than 8 percent from a year ago to $4.77 billion for the fiscal second quarter. So far, sales for the current period are predicted to be flat sequentially, and for the full year more than 8 percent growth is predicted.
Trina Solar
When it shares its results early Tuesday, this Chinese solar products maker is expected to say its earnings for the most recent quarter swung to $0.14 per share from a year-ago net loss of $0.47. Note though that the consensus estimate shrank in the past 60 days from $0.17.