Fresh Market 1Q Earnings Pregame Scorecard

FOXBusiness

Last quarter The Fresh Market Inc missed analysts' estimates, but it gets a a chance to make up for it when it announces earnings on Wednesday, May 30.

Expectations Analysts currently expect Fresh Market to come in with earnings of 35 cents per share on revenues of $310.3 million. Analysts gave estimates ranging from 31 cents per share to 38 cents per share. Over the past two months, the average estimate has moved down from 36 cents.

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Last Quarter's Results In the fourth quarter of the last fiscal year, the company swung to a profit of $18.3 million (38 cents a share) from a loss of $2.3 million (5 cents) a year earlier, but missed analyst estimates. Revenue rose 10.8% to $320.8 million from $289.4 million.

Stock Ratings Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Stock Movement The stock fell $3 per share between April 27 and April 30.

Company Fundamental Trends The company enters this earnings announcement with substantial revenue momentum. The company has averaged year-over-year revenue growth of 14% over the last four quarters.

Summary

Reporting Period: 1Q

Date of Release: Wednesday, May 30 before market open

EPS: 35 cents

Revenue Estimate: $310.3 million

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