Wall Street brokerages expect Williams-Sonoma, Inc. (NYSE:WSM) to announce earnings per share of $1.62 for the current quarter, Zacks Investment Research reports. Ten analysts have made estimates for Williams-Sonoma’s earnings, with the highest EPS estimate coming in at $1.76 and the lowest estimate coming in at $1.54. Williams-Sonoma posted earnings of $1.55 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 4.5%. The firm is scheduled to issue its next earnings report on Wednesday, March 21st.

On average, analysts expect that Williams-Sonoma will report full-year earnings of $3.55 per share for the current fiscal year, with EPS estimates ranging from $3.48 to $3.69. For the next financial year, analysts anticipate that the business will post earnings of $3.98 per share, with EPS estimates ranging from $3.63 to $4.66. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that follow Williams-Sonoma.

Williams-Sonoma (NYSE:WSM) last announced its quarterly earnings results on Thursday, November 16th. The specialty retailer reported $0.84 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.84. Williams-Sonoma had a net margin of 5.94% and a return on equity of 25.45%. The business had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter last year, the firm earned $0.78 EPS. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year.

WSM has been the topic of several recent research reports. Bank of America dropped their price target on shares of Williams-Sonoma from $40.00 to $38.00 and set an “underperform” rating on the stock in a research report on Friday, November 17th. Credit Suisse Group cut shares of Williams-Sonoma from a “neutral” rating to an “underperform” rating and set a $44.00 price target on the stock. in a research report on Thursday, October 12th. Zacks Investment Research cut shares of Williams-Sonoma from a “buy” rating to a “sell” rating in a research report on Wednesday, November 15th. SunTrust Banks reaffirmed a “buy” rating and issued a $62.00 price target on shares of Williams-Sonoma in a research report on Tuesday, October 17th. Finally, JPMorgan Chase & Co. cut shares of Williams-Sonoma from an “overweight” rating to an “underweight” rating and set a $46.00 target price on the stock. in a research report on Friday, November 17th. Seven research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $51.25.

Several hedge funds have recently modified their holdings of WSM. Ffcm LLC purchased a new stake in shares of Williams-Sonoma during the 3rd quarter worth approximately $125,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Williams-Sonoma by 10.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,911 shares of the specialty retailer’s stock worth $141,000 after purchasing an additional 274 shares during the last quarter. Franklin Resources Inc. purchased a new stake in shares of Williams-Sonoma during the 2nd quarter worth approximately $182,000. Private Trust Co. NA purchased a new stake in shares of Williams-Sonoma during the 4th quarter worth approximately $203,000. Finally, Koch Industries Inc. purchased a new stake in shares of Williams-Sonoma during the 2nd quarter worth approximately $207,000.

Shares of Williams-Sonoma (WSM) traded up $0.54 during midday trading on Friday, reaching $54.39. 1,320,000 shares of the company traded hands, compared to its average volume of 1,410,000. Williams-Sonoma has a twelve month low of $42.68 and a twelve month high of $55.89. The company has a market cap of $4,580.00, a PE ratio of 15.41, a price-to-earnings-growth ratio of 1.61 and a beta of 0.89.

The company also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Thursday, January 25th will be given a dividend of $0.39 per share. The ex-dividend date is Wednesday, January 24th. This represents a $1.56 annualized dividend and a dividend yield of 2.87%. Williams-Sonoma’s dividend payout ratio is currently 44.19%.

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About Williams-Sonoma

Williams-Sonoma, Inc is a multi-channel specialty retailer of products for the home. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom. It operates through two segments: e-commerce and retail. The e-commerce segment has various merchandising strategies, such as Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sell its products through the Company’s e-commerce Websites and direct-mail catalogs.

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Earnings History and Estimates for Williams-Sonoma (NYSE:WSM)

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