The Buckle, Inc.
) is slated to report its fourth-quarter fiscal 2013 results on
Mar 14, 2014. In the last quarter, it posted a negative surprise
of 5.6%. Let's see how things are shaping up for this
Factors this Past Quarter
Buckle posted lower-than-expected third-quarter fiscal 2013
results due to sluggish consumer demand. Both the top and bottom
lines fell short of the Zacks Consensus Estimate.
Our proven model does not conclusively show that Buckle is
likely to beat earnings this quarter. This is because a stock
needs to have both a positive
and a Zacks Rank #1, #2 or #3 for this to happen. This is not the
case here, as you will see below.
Negative Zacks ESP:
ESP for Buckle is -1.65%. This is because the Most Accurate
estimate stands at $1.19, while the Zacks Consensus Estimate is
pegged at $1.21.
Zacks Rank #3 (Hold):
Buckle's Zacks Rank #3 (Hold) when combined with a negative ESP
of 1.65% makes surprise prediction difficult. We caution against
stocks with Zacks Ranks #4 and #5 (Sell rated stocks) going into
the earnings announcement, especially when the company is seeing
negative estimate revisions momentum.
Stocks that Warrant a Look
Here are some other companies you may want to consider as our
model shows they have the right combination of elements to post
an earnings beat:
First Merchants Corporation
) has an Earnings ESP of +2.56% and a Zacks Rank #1 (Strong
Abercrombie & Fitch Co.
) has an Earnings ESP of +5.56% and a Zacks Rank #3 (Hold).
Tiffany & Co.
) has an Earnings ESP of +0.66% and a Zacks Rank #3 (Hold).
ABERCROMBIE (ANF): Free Stock Analysis Report
BUCKLE INC (BKE): Free Stock Analysis Report
FIRST MERCHANTS (FRME): Free Stock Analysis
TIFFANY & CO (TIF): Free Stock Analysis
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