Curious about Wolverine (WWW) Q2 Performance? Explore Wall Street Estimates for Key Metrics

Core Insights - Wolverine World Wide (WWW) is expected to report quarterly earnings of $0.22 per share, reflecting a year-over-year increase of 46.7% [1] - Anticipated revenues for the quarter are projected at $446.48 million, representing a 5% increase compared to the same quarter last year [1] Earnings Projections - The consensus EPS estimate has been revised 4.1% higher in the last 30 days, indicating a collective reevaluation by analysts [2] - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate trends and short-term stock price movements [3] Revenue Estimates - Analysts project 'Revenue- Active Group' to reach $327.92 million, indicating a year-over-year change of +7.2% [5] - 'Revenue- Other' is expected to be $14.10 million, suggesting a decline of -1.4% year over year [5] - 'Revenue- Work Group' is estimated at $104.03 million, reflecting a decrease of -0.9% year over year [5] Stock Performance - Wolverine shares have increased by +17.1% in the past month, outperforming the Zacks S&P 500 composite, which saw a +1% change [5] - With a Zacks Rank 1 (Strong Buy), WWW is anticipated to outperform the overall market in the near term [5]