$-0.51 EPS Expected for Hudson’s Bay Co (HBC)



August 21, 2017 – By Peter Erickson

Wall Street await Hudson’s Bay Co (TSE:HBC) to release earnings on September, 5. Analysts forecast earnings per share of $-0.51, up exactly $0.16 or 23.88 % from 2014’s $-0.67 EPS. After posting $-1.19 EPS for the previous quarter, Hudson’s Bay Co’s analysts now forecast -57.14 % EPS growth. It closed at $10.15 lastly. It is down 0.00% since August 21, 2016 and is . It has underperformed by 16.70% the S&P500.

Hudson’s Bay Co (TSE:HBC) Ratings Coverage

Among 8 analysts covering Hudson’s Bay Company (TSE:HBC), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Hudson’s Bay Company had 42 analyst reports since September 11, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, November 30. On Wednesday, March 29 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. RBC Capital Markets maintained the shares of HBC in report on Thursday, December 1 with “Outperform” rating. The rating was downgraded by Scotia Capital on Tuesday, January 10 to “Sector Perform”. As per Friday, January 8, the company rating was maintained by RBC Capital Markets. Scotia Capital maintained Hudson’s Bay Co (TSE:HBC) on Monday, December 5 with “Outperform” rating. As per Tuesday, May 23, the company rating was maintained by BMO Capital Markets. The rating was downgraded by TD Securities to “Hold” on Tuesday, January 10. The stock of Hudson’s Bay Co (TSE:HBC) has “Sector Perform” rating given on Friday, February 24 by Scotia Capital. The firm has “Outperform” rating given on Tuesday, August 30 by RBC Capital Markets.

Hudson’s Bay Company is a Canada department store retailer. The company has market cap of $1.85 billion. The Firm is an operator and a consolidator, as well as a real estate developer. It currently has negative earnings. The Company’s retail portfolio includes approximately 10 banners, in formats ranging from luxury to better department stores to off price fashion shopping destinations, with over 460 stores.

More notable recent Hudson’s Bay Co (TSE:HBC) news were published by: Forbes.com which released: “What Is The Disturbing News At Hudson’s Bay Company German Division?” on July 28, 2017, also Seekingalpha.com with their article: “Hudson’s Bay: Activist Slug-Fest?” published on August 01, 2017, Theglobeandmail.com published: “Hudson’s Bay to open new namesake store in Montreal” on July 27, 2017. More interesting news about Hudson’s Bay Co (TSE:HBC) were released by: Fool.ca and their article: “Is Real Estate the Real Play With Hudson’s Bay Co.?” published on July 26, 2017 as well as Fool.ca‘s news article titled: “Hudson’s Bay Co. Is Facing a Potential Coup: Should Investors Stand Pat?” with publication date: August 03, 2017.

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