Michael Kors Holdings Ltd. is expected to announce fiscal second-quarter earnings on Thursday after the market closes.
Earnings: Analysts surveyed by FactSet expect earnings per share of 88 cents, down from $1.01 last year. The company reported an 88-cent EPS for the fiscal first-quarter.
Analysts polled by Estimize, a software platform that crowdsources estimates from buy-side analysts, hedge-fund managers, academics and others, are expecting 92 cents.
Revenue: Analysts polled by FactSet expect sales of $1.09 billion, down from $1.13 billion last year.
Estimize expects sales of $1.10 billion.
Michael Kors has beat earnings and sales estimates the last five quarters.
Share price: Michael Kors shares are up 25.1% for the year so far while the S&P 500 index is up 4.2% for the same period.
What do you expect? Do you think that profit will fall?