), the apparel, accessories and footwear designer, is slated to
report second-quarter fiscal 2014 results on Jan 22, 2014. In the
last quarter earnings of 77 cents a share came in line with the
Zacks Consensus Estimate. Let's see how things are shaping up for
Growth Factors this Past Quarter
The N.Y. based company disappointed on the sales front that fell
1%, after increasing 6% during fourth-quarter fiscal 2013, due to
sluggishness in the North American market, and also fell short of
the Zacks Consensus Estimate. The bottom line also failed to
impress. Further, a mature domestic market and difficult consumer
spending environment remain causes of concern.
Our proven model does not conclusively show that Coach is likely
to beat earnings this quarter. That is because a stock needs to
have both a positive Earnings ESP and a Zacks Rank of #1, 2 or 3
for this to happen. That is not the case here as you will see
Negative Zacks ESP
: Coach currently has an Earnings ESP of -2.68%. This is because
the Most Accurate estimate stands at $1.09, while the Zacks
Consensus Estimate is pegged at $1.12.
Zacks Rank #4 (Sell)
: Coach holds a Zacks Rank #4 (Sell). We caution against stocks
with Zacks #4 and #5 Ranks (Sell rated stocks) going into the
earnings announcement, especially when the company is seeing
negative estimate revisions momentum.
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 this quarter:
), Earnings ESP of 14.29% and a Zacks Rank #2 (Buy).
Columbia Sportswear Company
), Earnings ESP of 6.67% and a Zacks Rank #2 (Buy).
The Hain Celestial Group, Inc.
) Earnings ESP of 1.14% and a Zacks Rank #2 (Buy).
HOMEAWAY INC (AWAY): Free Stock Analysis
COACH INC (COH): Free Stock Analysis Report
COLUMBIA SPORTS (COLM): Free Stock Analysis
HAIN CELESTIAL (HAIN): Free Stock Analysis
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