What Analysts Expect from Sears Holdings’ Upcoming Quarterly Results
Sears Holdings (SHLD) is expected to report its fiscal 4Q17 results in March 2018. In fiscal 3Q17, which ended on October 28, 2017, adjusted loss per share of $2.64 came in narrower than analysts’ expectations of loss per share of $4.46 driven by the company’s strategic initiatives. Sears reported sales of $3.7 billion, which beat the analysts’ estimate of $3.3 billion but fell 27.2% YoY (year-over-year) due to store closures as well as the reduced assortment of consumer electronics merchandise.