Deckers Outdoor Corporation
), the designer and marketer of niche footwear and accessories,
to beat expectations when it reports first-quarter fiscal 2013
results on Apr 25, 2013.
Why a Likely Positive Surprise?
Our proven model shows that Deckers is likely to beat earnings
because it has the right combination of two key components.
Positive Zacks ESP:
Deckers currently has an Earnings ESP (Read:
Zacks Earnings ESP: A Better Method
) of +50.00%. This is because the Most Accurate Estimate stands
at -5 cents, while the Zacks Consensus Estimate is pegged at -10
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 Deckers' Zacks Rank #3 (Hold) and +50.00%
ESP makes us very confident regarding a positive earnings beat on
What is Driving the Better than Expected Earnings?
Deckers is trying every means to reposition itself to keep
afloat in a difficult consumer environment, by focusing on new
product introductions, store augmentation and new store openings
along with geographic expansion. The positive trend is seen in
the trailing four-quarter average surprise of 3.3%.
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).
), Earnings ESP of +100.00% and a Zacks Rank #3 (Hold).
AMAZON.COM INC (AMZN): Free Stock Analysis
DECKERS OUTDOOR (DECK): Free Stock Analysis
HERTZ GLBL HLDG (HTZ): Free Stock Analysis
KRAFT FOODS GRP (KRFT): Free Stock Analysis
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