Williams-Sonoma Inc reports results for the quarter ended July 31 - Earnings Summary

• Williams-Sonoma Inc WSM.N reported quarterly adjusted earnings of $2.00​​ per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of $1.74. The mean expectation of twenty analysts for the quarter was for earnings of $1.80 per share. Wall Street expected results to range from $1.64 to $1.96 per share.

• Revenue rose 2.7% to $1.84 billion from a year ago; analysts expected $1.83 billion.

• Williams-Sonoma Inc's reported EPS for the quarter was $2.00​.

• The company reported quarterly net income of $247.56 million.

• Williams-Sonoma Inc shares had risen by 21.2% this quarter and gained 6.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.1% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 16 "hold" and no "sell" or "strong sell." The average consensus recommendation for the home furnishings retailers peer group is also "buy"

• Wall Street's median 12-month price target for Williams-Sonoma Inc is $196.00, about 1% below its last closing price of $197.93

This summary was machine generated from LSEG data August 27 at 02:10 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)