Earnings Preview: Pier 1 Imports

Published on Wednesday, 14 December 2011 10:36 Written by Danny Miller

New York, December 14th (TradersHuddle.com) - Shares of Pier 1 Imports, Inc. (NYSE:PIR) are trading lower by -1.41% ahead of its quarterly earnings release. Pier 1 Imports, the decorative home furnishings and gifts retailer is expected to release its quarterly results on December 15^th.

Wall Street Analysts consensus calls for a profit of $0.21 a share on $379.07 million revenue.

Pier 1 Imports estimates have a range of $0.01 a share. The high estimate calls for profit of $0.21 a share and the low estimate is calling for a profit of $0.2 a share, a year ago for the quarter the company reported $0.18 a share.

Pier 1 Imports, Inc. (NYSE:PIR) retails decorative home furnishings, gifts, and related items. Pier 1 stores are located in throughout the United States. Additonally the company has locations internationally in Puerto Rico, Canada, the United Kingdom, and Mexico.

Other companies on the watch on this earnings event are Williams-Sonoma, Inc. NYSE:WSM and Bed Bath & Beyond, Inc. NASDAQ:BBBY.