NEW YORK (TheStreet) -- Kohl's Corp. (KSS) - Get Report stock is retreating 6.16% to $42.79 in midday trading on Wednesday in anticipation of disappointing fiscal 2015 third quarter financial results that the company will report on Thursday before the market open.

Analysts are estimating a year-over-year decline in earnings per share, but a slight increase in revenue.

The retailer is expected to post earnings of 69 cents per share on revenue of $4.41 billion for the latest quarter.

Last year, Kohl's reported earnings of 70 cents per share on $4.37 billion in revenue for the quarter ended November 1, 2014.

Warm weather in September and October are expected to negatively impact earnings, Jefferies said in an analysts note this morning, echoing Citigroup's warnings from earlier this week.

Jefferies lowered its price target to $57 from $61, while maintaining a "buy" rating on the stock.

"Kohl's is the most weather sensitive name we cover given the nature of its business and customer base," analysts added. "Further checks and survey work get us closer to flat in our same-store sales estimate."

So far today, 4.2 million shares of Kohl's have exchanged hands, compared with its average daily volume of 3.6 million shares.

Separately, TheStreet Ratings team rates KOHL'S CORP as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation:

We rate KOHL'S CORP (KSS) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing performance in the stock itself.

Highlights from the analysis by TheStreet Ratings Team goes as follows:

  • Despite its growing revenue, the company underperformed as compared with the industry average of 7.4%. Since the same quarter one year prior, revenues slightly increased by 0.6%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • The debt-to-equity ratio is somewhat low, currently at 0.89, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. Even though the company has a strong debt-to-equity ratio, the quick ratio of 0.29 is very weak and demonstrates a lack of ability to pay short-term obligations.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Multiline Retail industry. The net income has significantly decreased by 44.0% when compared to the same quarter one year ago, falling from $232.00 million to $130.00 million.
  • Net operating cash flow has significantly decreased to $251.00 million or 54.44% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • You can view the full analysis from the report here: KSS

Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of Jim Cramer, TheStreet or any of its contributors.