Having topped analysts' estimates last quarter by 7 cents per share, Cabelas (CAB) is expected to deliver its latest earnings on Thursday, July 26, 2012.
ExpectationsAnalysts currently expect Cabelas to come in with earnings of 39 cents per share on revenues of $606.3 million. Analyst estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved up from 38 cents.
Stock MovementIn terms of price changes, the stock's best recent streak was when it gained $2.88 per share between June 18, 2012 and June 20, 2012.
Company Fundamental TrendsThe impending earnings announcement offers the opportunity expand on positive earnings momentum gained over last three quarters. Net income rose 68.7% in the third quarter of the last fiscal year and 5.3% in the fourth quarter of the last fiscal year before increasing again in the first quarter. On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 6.9% in the second quarter of the last fiscal year, 5.5% in the third quarter of the last fiscal year and 5.3% in the fourth quarter of the last fiscal year before increasing again in the first quarter. Stock Ratings
Analysts are bullish on the stock as seven analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's ResultsIn the first quarter, profit rose 62.1% to $28.8 million (40 cents a share) from $17.8 million (25 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 6.3% to $623.5 million from $586.7 million.
SummaryReporting Period: 2Q
Date of Release: Thursday, July 26, 2012 before market open
EPS: 39 cents
Revenue Estimate: $606.3 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)








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