Sears Holdings Corporation (SHLD) to Release Quarterly Earnings on Wednesday
Sears Holdings Corporation (NASDAQ:SHLD) will be posting its quarterly earnings results before the market opens on Wednesday, August 23rd. Analysts expect Sears Holdings Corporation to post earnings of ($2.94) per share for the quarter.
Sears Holdings Corporation (NASDAQ:SHLD) last released its quarterly earnings data on Thursday, May 25th. The company reported ($2.15) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.72) by $1.43. The company had revenue of $4.30 billion during the quarter, compared to analyst estimates of $4.05 billion. During the same period in the prior year, the company earned ($1.86) EPS. Sears Holdings Corporation’s revenue for the quarter was down 20.3% on a year-over-year basis. 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 (NASDAQ SHLD) opened at 8.63 on Wednesday. The firm’s market cap is $925.70 million. The company’s 50-day moving average price is $8.55 and its 200-day moving average price is $8.76. Sears Holdings Corporation has a 52-week low of $5.50 and a 52-week high of $17.59.
A number of equities research analysts recently weighed in on the company. ValuEngine cut Sears Holdings Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, July 6th. BidaskClub raised Sears Holdings Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. Finally, Vetr raised Sears Holdings Corporation from a “strong sell” rating to a “sell” rating and set a $7.05 price target for the company in a report on Thursday, May 18th.
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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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