VF 2Q Earnings Pregame Scorecard

VF (NYSE:VFC) has topped Wall Street expectations for the last five quarters, and it will try to keep that streak alive as it reports the latest earnings on Thursday.


Analysts currently expect VF to come in with earnings of 95 cents per share on revenues of $2.18 billion. Analysts gave estimates ranging from 87 cents per share to $1.02 per share. Over the past three months, the average estimate has moved down from $1.10.

Last Quarter's Results

In the first quarter, profit rose 7.2% to $215.2 million ($1.91 a share) from $200.7 million ($1.82 a share) the year earlier, exceeding analyst expectations. Revenue rose 30.5% to $2.56 billion from $1.96 billion.

Stock Ratings

Analysts are bullish on the stock as 13 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.

Stock Movement

The stock fell $6.69 per share between May 31, 2012 and June 1, 2012. Looking at change over the last three months, April 18, 2012 and July 13, 2012, the stock price fell $9.13 (-6.1%), from $149 to $139.87.

Company Fundamental Trends The company enters this earnings announcement with substantial revenue momentum. The company has averaged year-over-year revenue growth of 26.5% over the last four quarters. The company will look to keep the its run of success flowing with earnings announcement, after experiencing income increases the last three quarters. Net income rose 23.9% in the third quarter of the last fiscal year and more than fourfold in the fourth quarter of the last fiscal year before increasing again in the first quarter.


Reporting Period: 2Q

Date of Release: Thursday, July 19, 2012 before market open

EPS: 95 cents

Revenue Estimate: $2.18 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)