Whisper Number Impact: Earnings Preview For PetSmart And Guess

By WhisperNumber: Expected service sector earnings reports and the whisper number impact for Tuesday, May 22nd:PetSmart (PETM): The whisper number is $0.74, one cent ahead of the analysts estimate. PetSmart has a 68% positive surprise history (having topped the whisper in 21 of the 31 earnings reports for which we have data). The average price movement (starting at next market open) within 10 trading days of these 31 earnings reports is +2.1%. The strongest price movement of +4.1% comes within 10 trading days when the company reports earnings that beat the whisper number, and +5.4% within 30 trading days when the company reports earnings that miss the whisper number (positive reactor). Last quarter the company reported earnings two cents short of the whisper number. Following that report the stock realized a 6.0% gain in 10 trading days. Enter your expectation and view more earnings information Complete Story »