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Retail Earnings Season Winds Down This Week

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Abercrombie & Fitch Company NYSE:ANF, Avago Technologies Limited NASDAQ:AVGO - Retail Earnings Season Winds Down This Week

Like the summer, the retail earnings season is beginning to wind down.

Quarterly reports from the likes of Abercrombie & Fitch Co. ANF 3.74%, Best Buy Co Inc BBY 3.98% and Dollar General Corp. DG 4.05% will be among the highlights this week, but there is no clear trend in the consensus forecasts.

Also on tap this week are Avago Technologies Ltd AVGO 3.11% and Seadrill Ltd SDRL 6.35%. Wall Street analysts are looking for year-on-year earnings growth from the semiconductor maker but a bottom line decline from the offshore drilling specialist.

Below is a quick look at what is expected from these and some of the week's other most prominent reports.

See also: Say Hello To The Value Plays Consistently Crushing Earnings

Abercrombie & Fitch

This fashion retailer will post -$0.11 earnings per share (EPS) for its fiscal second quarter, if the consensus of 12 Estimize estimates is accurate. That would be down from a profit of $0.19 per share in the same period of last year. Note that the Wall Street estimate is for a net loss of only $0.04 per share.

Revenue for the three months that ended in July is predicted to have pulled back from $890.60 million in the year-ago...


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