Williams-Sonoma, Inc. ($WSM) 3Q20 Earnings Preview

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Williams-Sonoma, Inc. (NYSE:WSM) is reporting third quarter earnings results on Thursday 19th November 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 1.53 per share.

For the full year, analysts predict revenues of $ 6274.99 million, while looking forward to income of $ 6.35 per share.

Previous Quarter Performance

Williams-Sonoma, Inc. came out with income for the second quarter of $ 1.80 per share, from the revenue of $ 1,491.00 million. The quarterly earnings 106.90 percent while revenues improved 8.77 percent compared with the same quarter last year.
Wall street analysts are predicting, WSM to report 2Q20 income of $ 0.99 per share from revenue of $ 1464.77 million. The bottom line results beat street analysts by $ 0.81 or 81.82 percent, at the same time, top line results outshined analysts by $ 26.23 million or 1.79 percent.

Stock Performance

Shares of Williams-Sonoma, Inc. traded up $ 0.56 or 0.58 percent on Wednesday, reaching $ 97.16 with volume of 1.33 million shares. Williams-Sonoma, Inc. has traded high as $ 98.33 and has cracked $ 96.51 on the downward trend

According to the previous trading day, closing price of $ 97.16, representing a 271.40 % increase from the 52 week low of $ 26.01 and a 9.8 % decrease over the 52 week high of $ 107.09.

The company has a market capital of $ 7.56 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.

Conference Call

Williams-Sonoma, Inc. will be hosting a conference call at 5:00 PM eastern time on 19th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.williams-sonomainc.com

Williams-Sonoma, Inc. operates as a multi-channel specialty retailer of various products for home. The company operates through two segments, E-commerce and Retail.