Deckers Outdoor Corporation
), the designer and marketer of niche footwear and accessories,
to beat expectations when it reports second-quarter fiscal 2013
results on Jul 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
Positive Zacks ESP:
Deckers currently has an Earnings ESP (Read:
Zacks Earnings ESP: A Better Method
) of +6.60%. This is because the Most Accurate Estimate stands at
-99 cents, while the Zacks Consensus Estimate is pegged at
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
The combination of Deckers' Zacks Rank #3 (Hold) and +6.60%
ESP makes us very confident regarding a positive earnings beat on
What is Driving the Better-than-Expected
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 41.6%.
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:
The Gap, Inc
) has an Earnings ESP of +1.70% and a Zacks Rank #2 (Buy).
Five Below, Inc
) has an Earnings ESP of +11.11% and a Zacks Rank #2
Under Armour, Inc.
) has an Earnings ESP of +7.69% and a Zacks Rank #3 (Hold).
DECKERS OUTDOOR (DECK): Free Stock Analysis
FIVE BELOW INC (FIVE): Free Stock Analysis
GAP INC (GPS): Free Stock Analysis Report
UNDER ARMOUR-A (UA): Free Stock Analysis
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