NEW YORK (TheStreet) -- Sears (SHLD) stock is rising 5.93% to $12.68 on heavy trading volume on Wednesday afternoon, ahead of the retailer's fiscal 2016 first quarter financial report, due out on Thursday before the market open.

The Hoffman Estates, IL-based company is expected to reported a wider loss and a double-digit drop in revenue.

Wall Street is anticipating a loss of $3.20 per share for the latest quarter, larger than the $2 per share loss that the company reported for the fiscal 2015 first quarter.

Revenue is expected to decline by 10.5% year over year to $5.26 billion for the quarter, compared with $5.88 billion for the same period last year.

So far today, 1.34 million shares of Sears have been traded, compared with its average daily volume of 800,840 shares.

Separately, Sears has a "sell" rating and a letter grade of D- at TheStreet Ratings because of the company's unimpressive growth in net income, poor profit margins, weak operating cash flow, generally disappointing stock performance and feeble earnings per share growth.

You can view the full analysis from the report here: SHLD

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.

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