), the specialty retailer and direct marketer of hunting,
fishing, camping, and related outdoor merchandise, to beat
expectations when it reports fourth-quarter 2013 results on Feb
13, 2014. In the last quarter, it posted a negative surprise of
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
of +2.13%. This is because the Most Accurate estimate stands at
$1.44, while the Zacks Consensus Estimate is pegged at $1.41.
Zacks Rank #3 (Hold):
Note that stocks with a 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 announcement.
The combination of Cabela's Zacks Rank #3 (Hold) and +2.13%
ESP makes us very confident regarding a positive earnings beat on
What is Driving the Better-than-Expected Earnings?
The strong performance of Cabela's next-generation stores
continues to boost its top and bottom line results. We believe
that Cabela's remains on track to continue with its upbeat
performance and offers its investors one of the strongest growth
profiles owing to its sturdy balance sheet, feasible strategy and
operating efficiencies. The company in the last four quarters has
outperformed the Zacks Consensus Estimate by an average of
CABELAS INC (CAB): Free Stock Analysis Report
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