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Earnings Analysis: 
Sears Lowers Earnings
Author: 123jump.com Staff
123jump.com
Last Update: 11:44 AM EST January 14 2008



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Sears Holdings stock fell as much as 10% after it warned that earnings in the fourth quarter may plunge as much as 51%. The company expects fourth quarter to February 2, 2008 net earnings in the range of $350 million and $470 million or earnings per share earnings between $2.59 and $3.48 much lower than consensus estimate of $4.43.

 

 

 

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