Earnings Preview: PetSmart

Published on Tuesday, 17 August 2010 10:48 Written by Gerard Lerod

New York, August 17th (TradersHuddle.com) - Shares of PetSmart, Inc. (NASDAQ:PETM) are trading higher by +1.35% ahead of its quarterly earnings release. PetSmart, the specialty retailer of products and services for pets is expected to release its quarterly results on August 18^th.

Wall Street Analysts consensus calls for a profit of $0.36 a share on $1.39 billion revenue.

PetSmart estimates have a range of $0.08 a share. The high estimate calls for profit of $0.38 a share and the low estimate is calling for a profit of $0.3 a share, a year ago for the quarter the company reported $0.31 a share.

PetSmart, Inc. (NASDAQ:PETM) is a specialty retailer of products and services for pets. The Company operates pet superstores in the United States and Canada and provides pet food and supplies, and offers full-service veterinary, grooming and pet training services.