This video takes a quick look at Michael Kors (KORS) stock ahead of its earnings release. The fashion company is still struggling to recoup losses from a couple of years ago, but shares are at least upbeat so far in 2016.
The company also has a pretty solid fundamental rating, as the VGM here comes in with a top grade of ‘A’. Additionally, the most recent estimates have been positive, so the company has a positive Earnings ESP as well. If investors add that to an incredible history in earnings season, things are looking relatively upbeat for KORS in its report.
However, KORS was just downgraded to a ‘hold’ within the past week, moving the company out of ‘buy’ territory in the process. Michael Kors stock also finds itself in the bottom 25% from an industry rank, so it might not be a sure thing after all, though investors should probably expect a beat given the run for KORS.
MICHAEL KORS Price, Consensus and EPS Surprise
MICHAEL KORS Price, Consensus and EPS Surprise | MICHAEL KORS Quote
Michael Kors reports on November 10th after the bell, and we are looking for earnings of $0.88 per share. Make sure to watch the video for a quick guide to KORS heading into the report, but if you want to learn more about trading in earnings season, check out our Zacks Live Trader below for additional information:
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MICHAEL KORS (KORS): Free Stock Analysis Report
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