Limited Brands (LTD) has a Zacks Rank of #1, and analysts estimate that the company will grow its EPS 20.3% in fiscal year 2010. What’s more, Limited Brands has a current dividend yield of 2.8%.
Limited Brands recently posted stronger-than-expected fourth-quarter 2009 results. The retailer reported EPS of $1.01 per share, topping the Zacks Consensus Estimate of $0.98. In the last five quarters, the retailer has beaten consensus estimates by an average of 90.6%.
Management provided EPS guidance of $1.40-$1.60 for fiscal year 2010. This was above the previous Zacks Consensus Estimate of $1.42 and prompted analysts to increase their estimates.
There were five analysts who upwardly revised their estimates for fiscal 2010, while two upped their EPS estimates for fiscal 2011. This lifted the 2010 Zacks Consensus Estimate by $0.06 and the 2011 consensus estimate by $0.03.
Read our February 2 commentary on Limited Brands.
Last Week’s Growth and Income Zacks Rank Buys
Bucyrus (BUCY) announced better-than-expected 4Q results, and management continues to see improving demand in its end markets. BUCY shares have a Zacks #1 Rank, and consensus estimates continue to move higher. For more details, click here.
Amphenol (APH) announced earnings per share came of $0.52, easily beating the Zacks Consensus Estimate of $0.49. Analysts remain bullish on Amphenol. In the last 90 days, the Zacks Consensus Estimate for 2010 has increased from $2.11 to $2.22, while the Zacks Consensus Estimate for 2011 is up from $2.37 to $2.55. Read more about Amphenol here.
Cato Corporation (CATO) should continue to benefit from frugal shoppers. The Zacks #1 Ranked stock has a healthy balance sheet, current dividend yield of 3.3%, and analyst EPS estimates have climbed higher in recent weeks. Take a closer look here.
Joy Global (JOYG) is a pure play on the global mining sector, which continues to experience improving growth. In recent weeks, the Zacks Consensus Estimate for 2010 has increased by 13%, while the 2011 estimate is up 41%. The company is scheduled to report earnings on March 3. Find out more about Joy Global here.
