Williams-Sonoma shares closed up 2.39% at $233.39, outpacing the S&P 500's 0.2% gain. The company is expected to report earnings per share of $2.16 for the upcoming quarter, a 10.2% increase from a year earlier, on revenue of $1.99 billion, up 5.43%. For the full year, the Zacks Consensus Estimates project earnings of $9.51 per share and revenue of $8.23 billion, representing changes of +7.58% and +5.46%, respectively, from the prior year. Over the past 30 days, the consensus EPS projection has moved 0.47% higher, and Williams-Sonoma currently carries a Zacks Rank of #3 (Hold). The stock trades at a Forward P/E ratio of 23.98, a premium to its industry's 18.96, with a PEG ratio of 2.47 versus the Retail - Home Furnishings industry average of 1.91.
Williams-Sonoma IncConsensus EPS estimates edged higher over the past 30 days and the stock rose on the improved earnings outlook.
