Earnings Preview: Supervalu, Family Dollar, Festenal, NovaGold, PriceSmart

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While next week will see a flood of earnings reports delivered by companies big and small, here are five companies that are reporting tomorrow, Wednesday July 10, and what analysts are expecting from each.

Earnings Preview: Supervalu, Family Dollar, Festenal, NovaGold, PriceSmart


With a market cap of nearly a billion, SUPERVALU INC. (NYSE:SVU), together with its subsidiaries, operates as a wholesale distributor to independent retail customers in the United States. It operates in three segments: Retail Food, Save-A-Lot, and Independent Business. SUPERVALU is getting pummeled in the last hour of trading today as the company prepares to report earnings tomorrow.

Analysts are expecting SUPERVALU INC. (NYSE:SVU) to report earnings of $0.03 for the quarter when it reports tomorrow. This number is down dramatically from the year-over-year quarter when the company showed earnings of $0.19. For the year, analysts expect SUPERVALU to offer earnings of $0.22 compared to $0.08 from last year.

Revenue is expected to drop over 50 percent for the year-over-year quarter when revenue is reported around $5.17 billion compared t0 $10.59. Revenue for the year, however, is expected to come in at last year’s mark if analyst expectations of $17 billion are reached.

Family Dollar Stores, Inc. (NYSE:FDO)

Family Dollar Stores, Inc. (NYSE:FDO) operates a chain of self-service retail discount stores primarily for low- and middle-income consumers in the United States. The company has suffered a touch of late as jobless numbers continue to improve. It will report its earnings before the market opens tomorrow morning.

Analysts are expecting earnings per share of $1.03 after the company booked a profit of $1.06 a share for the third quarter a year earlier. Over the past three months, the consensus estimate has fallen from $1.19. Analysts are expecting earnings of $3.77 per share for the fiscal year compared $3.64 a year ago.

Revenue is projected to be $2.57 billion for the quarter, 9 percent above the year-earlier total of $2.36 billion. For the year, revenue is expected to come in at $11.28 billion, up 7.70 percent from last year’s revenue of $9.33 billion.

Fastenal Company (NASDAQ:FAST)

Fastenal Company (NASDAQ:FAST), together with its subsidiaries, operates as a wholesaler and retailer of industrial and construction supplies in the United States, Canada, and internationally. Fastenal’s stock rose 2.5 percent today as the company is expected to report positive earnings before the markets open tomorrow.

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Analysts are expecting the company to show a profit of $0.41 a share  up from  $0.38 a year ago.Despite not changing over the past month, the consensus estimate is down from three months ago when analysts expected earnings of $0.43 per share. Additionally, analysts are expecting earnings of $1.59 per share for the fiscal year.

Revenue is projected to be 6 percent above the year-earlier total of $804 million at $857 million for the quarter. For the year, revenue is projected to come in at $3.4 billion up 8.40 percent from sales of $3.13 billion a year ago.

NovaGold Resources Inc. (NYSEMKT:NG)

NovaGold Resources Inc. engages in the exploration and development of mineral properties primarily in Alaska, the United States and British Columbia, Canada. NovaGold Resources Inc. (NYSEMKT:NG) is in the uncomfortable position of having no revenue, as the company’s mines are still stuck at the developmental stage. The key for the company’s success is moving forward with its most lucrative projects, but falling gold prices aren’t encouraging the company’s investors. The stock has plunged over 40 percent and it’s difficult to see this stopping based on tomorrow’s earnings report.

Analysts are expecting the company to report a loss of $0.03 per share improving on a year-over-year loss of $0.10 per share for the quarter. Earnings per share for the year, however, are expected to drop to a loss of $0.10 compared to a loss of $0.04 a year ago.

As stated before the company will show no revenue for the year. For that matter, the company has never had any revenue, just investors.

PriceSmart, Inc. (NASDAQ:PSMT)

PriceSmart, Inc. (NASDAQ:PSMT), together with its subsidiaries, owns and operates membership shopping warehouse clubs in Latin America and the Caribbean. Its warehouse clubs sell perishable foods and other consumer products at low prices to individuals and businesses, as well as offer ancillary services, which include food courts, and tire and photo centers. In today’s trading, PriceSmart rose 3.52 percent surpassing the stock’s all-time high.

Analysts are expecting PriceSmart, Inc. (NASDAQ:PSMT) to earn $0.64 a share, which is way above the $0.52 a share the company had earned in the same period last year. PriceSmart has beaten estimates for three consecutive quarters, and could well do this again. For the year, analysts are expecting earning to reach $2.78 per share up dramatically from earnings of $2.12 the year prior.

PriceSmart, Inc. (NASDAQ:PSMT) is expected to post revenue of $568.33 million, which, if accomplished, would be a growth of 12.1 percent from the year-ago period revenue of $506.77 million. For the fiscal year, revenue is expected to rise to $2.3 billion up nearly 12 percent from year end sales of $2.o5 billion.

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