), one of the leading footwear brands, is slated to report its
second-quarter fiscal 2014 earnings on Jul 22, before the opening
bell. In the previous quarter, Crocs recorded a negative earnings
surprise of 18.8%. Let's see how things are shaping up for this
Factors Influencing this Quarter
The company intends to focus on boosting casual lifestyle footwear
revenues, and maximize shareholder value. Given the tough retail
environment, Crocs also aims to create a balance between achieving
growth and enhancing its operating margin. The company expects
robust contributions to its second quarter sales from its Asian and
European businesses. However, its Japanese and American operations
are likely to remain under pressure, owing to economic and
Our proven model does not conclusively show that Crocs 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:
: The Earnings ESP, which represents the difference between the
Most Accurate estimate and the Zacks Consensus Estimate, is
currently pegged at 0.00%. This is because both the Most Accurate
estimate and the Zacks Consensus Estimate stand at 31 cents.
: Crocs carries a Zacks Rank #3 (Hold). Though Zacks Rank #1, 2 or
3 increases the predictive power of ESP, the company's ESP of 0.00%
makes surprise prediction difficult.
We caution against stocks with Zacks Rank #4 and 5 (Sell-rated
stocks) going into the earnings announcement, especially when the
company is seeing negative estimate revisions.
Other Stocks to Consider
Here are some companies you may want to consider as our model shows
they have the right combination of elements to post an earnings
PetMed Express, Inc.
), Earnings ESP of +4.00% and a Zacks Rank #2 (Buy).
Advance Auto Parts Inc.
), Earnings ESP of +2.99% and a Zacks Rank #2.
), Earnings ESP of +2.70% and a Zacks Rank #2.
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PETMED EXPRESS (PETS): Free Stock Analysis
ADVANCE AUTO PT (AAP): Free Stock Analysis
CROCS INC (CROX): Free Stock Analysis Report
CONNS INC (CONN): Free Stock Analysis Report
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