), leading specialty retailer and direct marketer of hunting,
fishing, camping and related outdoor merchandise, to beat
expectations when it reports first-quarter 2013 results on Apr
Why a Likely Positive Surprise?
Our proven model shows that Cabela's is likely to beat
earnings because it has the right combination of two key
Positive Zacks ESP:
Cabela's currently has an Earnings ESP (Read:
Zacks Earnings ESP: A Better Method
) of +1.70%. This is because the Most Accurate Estimate stands at
60 cents, while the Zacks Consensus Estimate is pegged at 59
Zacks Rank #1 (Strong Buy):
Note that stocks with Zacks Ranks of #1, #2 and #3 have a
significantly higher chance of beating earnings estimates. The
sell-rated stocks (Zacks Rank #4 and #5) should never be
considered going into an earnings
The combination of Cabela's Zacks Rank #1 (Strong Buy) and
+1.70% ESP makes us very confident regarding a positive earnings
beat on Apr 25th.
What is Driving the Better than Expected
Cabela's next-generation store format, multi-channel strategy
and seasonal product assortments enable it to boost stores
productivity and sales per square foot while lowering its labor
costs. Moreover, the company's strong balance sheet, feasible
strategy and operating efficiencies position it well to drive
long-term profitability. Cabela's aims to capitalize on the
under-penetrated markets through its smaller outpost stores.
The positive trend is seen in the trailing four-quarter
average surprise of 15.3%.
Other Stocks to Consider
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:
Hertz Global Holdings, Inc.
), Earnings ESP of +5.56% and a Zacks Rank #1 (Strong Buy)
Kraft Foods Group, Inc.
), Earnings ESP of +3.13% and a Zacks Rank #2 (Buy).
Tractor Supply Company
), Earnings ESP of +1.61% and a Zacks Rank #2 (Buy).
CABELAS INC (CAB): Free Stock Analysis Report
HERTZ GLBL HLDG (HTZ): Free Stock Analysis
KRAFT FOODS GRP (KRFT): Free Stock Analysis
TRACTOR SUPPLY (TSCO): Free Stock Analysis
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