NEW YORK (TheStreet) -- Michael Kors Holdings Ltd. (KORS) is scheduled to release its fiscal 2015 second quarter earnings results before the market open on Tuesday. Analysts are expecting the designer clothing, shoes, handbag, and accessories retailer to post an increase in earnings and revenue for the most recent quarter.
Shares of Michael Kors are up by 0.20% to $78.75 in late morning trading on Monday.
Analysts polled by FactSet are anticipating a rise in earnings per share for the fiscal 2015 second quarter of 89 cents per share, compared to EPS of 71 cents for the fiscal 2014 second quarter.
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Michael Kors is expected to post revenue of $978.3 million for the latest quarter, compared to $740.3 million for the same period last year.
Separately, TheStreet Ratings team rates MICHAEL KORS HOLDINGS LTD as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate MICHAEL KORS HOLDINGS LTD (KORS) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself."