Pier 1 Imports PIR announces its next round of earnings this Wednesday, April 17. Here is Benzinga's everything-that-matters guide for this Wednesday's Q4 earnings announcement.
Earnings and Revenue
Pier 1 Imports EPS is expected to be around a loss of 23 cents, according to sell-side analysts. Sales will likely be near $426.12 million.
In the same quarter last year, Pier 1 Imports reported EPS of 21 cents on sales of $512.22 million. If the company were to post earnings inline with the consensus estimate when it reports Wednesday, EPS would be down 209.52 percent. Sales would be down 16.81 percent on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
EPS Estimate | -0.06 | -0.55 | -0.39 | 0.19 |
EPS Actual | -0.36 | -0.63 | -0.36 | 0.21 |
Stock Performance
Over the last 52-week period, shares are down 80.71 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on Pier 1 Imports stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.
Conference Call
Pier 1 Imports is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here: https://edge.media-server.com/m6/p/vscmtjrc
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.