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Williams-Sonoma Reported Mixed Q1 Results

Financial News Network
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May 19, 2011 AT 6:55 PM
Williams-Sonoma (NYSE:WSM) reported Q1 EPS of $0.30, ex-items, ahead of consensus estimates of $0.28 per share. Revenues for the quarter rose 7.4% year-over-year to $771.0 million, missing consensus estimates of $765.4 million.The company sees Q2 EPS of $0.33 to $0.36, ex-items, vs. consensus estimates of $0.36 per share, on revenues of $805 to 825 million, vs. consensus estimates of $822.49 million. For 2012, Williams-Sonoma sees EPS of $2.13 to $2.21, ex-items, from $2.11 to $2.19 per share, vs. consensus estimates of $2.21 per share, on revenues of $3.66 to $3.72 billion, from $3.64 to $3.72 billion, vs. consensus estimates of $3.71 billion.Williams-Sonoma is currently above its 50-day moving average (MA) of $41.16 and above its 200-day of $34.87.