What Analysts Predict For Williams-Sonoma, Inc. ($WSM) 2Q20?

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Williams-Sonoma, Inc. (NYSE:WSM) is expected to report second quarter earnings results, after market close, on Wednesday 26th August 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.99 per share.

Looking ahead, the full year income are expected at $ 4.82 per share on the revenues of $ 6073.04 million.

Previous Quarter Performance

Williams-Sonoma, Inc. posted income for the first quarter of $ 0.74 per share, from the revenue of $ 1,235.00 million. Street analysts expected $ 1,020.00 million. The top line results outshined analysts by $ 215.00 million or 21.08 percent.

Stock Performance

Shares of Williams-Sonoma, Inc. traded low $ -4.23 or -4.26 percent on Tuesday, reaching $ 95.04 with volume of 1.24 million shares. The stock opened positive for the day at $ 99.67, after closing the previous day trading at $ 99.26.

According to the previous trading day, closing price of $ 99.26, representing a 281.62 % increase from the 52 week low of $ 26.01 and a 2.43 % decrease over the 52 week high of $ 101.73.

The company has a market capital of $ 7.39 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.

Recent Analyst recommendations

  • On 17th August 2020, maintained by Wells Fargo & Co at Equal-Weight rating, with $ 100.00 target price.
  • On 14th August 2020, maintained by Wedbush at Outperform rating, with $ 105.00 target price.

Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.48 per share on May 28, 2020. The dividend were payable on August 28, 2020 to holders of record as of the close of business on July 24, 2020 and ex-dividend date on July 23, 2020.

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.