Earnings Preview: J.Jill (JILL) Q2 Earnings Expected to Decline

Core Viewpoint - J.Jill is expected to report a year-over-year decline in earnings and revenues for the quarter ended July 2024, which could significantly impact its near-term stock price depending on how actual results compare to estimates [1][3]. Earnings Expectations - The consensus estimate for J.Jill's quarterly earnings is $0.94 per share, reflecting a year-over-year decrease of 14.6% [3]. - Expected revenues for the quarter are $155.13 million, which is a slight decline of 0.4% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly reassessed their initial estimates during this period [4]. - The Most Accurate Estimate for J.Jill is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.33%, suggesting a bearish outlook from analysts [10]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the likelihood of actual earnings deviating from consensus estimates, with positive readings being more reliable [6][7]. - Stocks with a positive Earnings ESP and a Zacks Rank of 1, 2, or 3 have historically shown a nearly 70% chance of delivering a positive surprise [8]. Historical Performance - J.Jill has beaten consensus EPS estimates in the last four quarters, including a surprise of +7.02% in the most recent quarter where actual earnings were $1.22 per share compared to an expected $1.14 [12][13]. Conclusion - J.Jill does not currently appear to be a strong candidate for an earnings beat, and investors should consider other factors before making investment decisions related to the stock ahead of its earnings release [16].