Sears (SHLD) Earning Somewhat Positive Press Coverage, Report Shows
Press coverage about Sears (NASDAQ:SHLD) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sears earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.1061694983694 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Sears Holdings: Capital Structure Arbitrage Opportunity (seekingalpha.com)
- Zacks: Sears Holdings Corp (SHLD) Given Average Recommendation of “Strong Sell” by Brokerages (americanbankingnews.com)
- Making Sense of Amazon’s Tire-Installation Partnerships (finance.yahoo.com)
- In the 'Blink' of an eye, your local Sears is now a gym — here's why (finance.yahoo.com)
- Sears.com to sell Hoover vacuum cleaners, Dockers and precious metals (seekingalpha.com)
A number of equities analysts have weighed in on the company. BidaskClub upgraded Sears from a “hold” rating to a “buy” rating in a research note on Saturday, May 19th. ValuEngine upgraded Sears from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd. Finally, Susquehanna Bancshares reiterated a “negative” rating and set a $4.00 price objective on shares of Sears in a research note on Thursday, June 7th.
Sears (NASDAQ:SHLD) last announced its quarterly earnings results on Thursday, May 31st. The company reported ($3.93) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($1.51) by ($2.42). The company had revenue of $2.89 billion during the quarter, compared to analysts’ expectations of $2.86 billion. During the same period in the previous year, the company posted ($2.15) EPS. The firm’s quarterly revenue was down 31.2% compared to the same quarter last year.
Sears Company Profile
Sears Holdings Corporation operates as an integrated retailer in the United States. It operates in two segments, Kmart and Sears Domestic. The Kmart segment operates retail stores that offer a range of products, including consumer electronics, seasonal merchandise, outdoor living, toys, lawn and garden equipment, food and consumables, and apparel; and in-store pharmacies.
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