The Men’s Wearhouse, Inc. (MW) : Q215 Earnings Whisper

The Men’s Wearhouse, Inc. (MW) is set to announce its Q215 earnings after the market close on Tuesday, September 8. Then at 9:00 a.m. ET on Wednesday, September 9, 2015, management will host a conference call and live webcast. Analysts expect the specialty apparel retailer to report earnings per share of $1.05 and revenue of $946.78 million. That would be $0.51 higher the $0.54 per share posted last quarter and $0.05 lower the $1.10 posted in the Q214. Revenue is projected to be $143.68 million higher than the $803.1 million posted in the same period a year earlier. Meanwhile, EarningsWhisper.com reports a whisper number of $1.07 per share.

As a quick reminder, MW reported Q115 EPS of $0.54, $0.02 better than the Street’s consensus estimate of $0.52. Revs came in at $885.1 million versus the $857.67 million consensus.

MW is currently printing a higher than average trading volume with the issue trading 0.00 shares, compared to the average volume of 797,925.00. The stock began trading this morning at $54.17 to currently trade 0.02% lower from the prior days close of $54.01. On an intraday basis it has gotten as low as $53.97 and as high as $55.31.

Men’s Wearhouse Inc. shares are priced at N/Ax this year’s forecasted earnings, compared to the industry’s 18.52x earnings multiple. The company’s current year and next year EPS growth estimates stand at 11.20% and 44.60% compared to the industry growth rates of 10.30% and 20.10%, respectively. MW has a t-12 price-to-sales ratio of 0.75. EPS for the same period registers at ($0.14).

MW shares have declined 6.09% in the last 4 weeks and declined 8.07% in the past three months. Over the past 5 trading sessions the stock has lost 4.58%.

The Houston, Texas-based company, which is currently valued at $2.61 billion, has a median Wall Street price target of $70.00 with a high target of $74.00.

Men’s Wearhouse Inc. is up 0.96% year-over-year, compared with a 4.01% loss in the S&P 500.

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