Dollar General Corporation
) is slated to report its third-quarter fiscal 2013 results on
Dec 5, 2013. In the last quarter, it posted a positive surprise
of 4.1%. Let's see how things are shaping up for this
Factors this Past Quarter
Dollar General posted better-than-expected second-quarter
fiscal 2013 results, driven by a strong performance across the
consumables category. Sales of the consumables category continue
to improve, primarily buoyed by the introduction of tobacco
products and robust sales of perishables and candy and
Our proven model does not conclusively show that Dollar
General 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.
Negative Zacks ESP:
ESP for Dollar General is -1.43%. This is because the Most
Accurate Estimate stands at 69 cents, while the Zacks Consensus
Estimate is pegged at 70 cents.
Zacks Rank #3 (Hold):
Dollar General's Zacks Rank #3 (Hold) lowers the predictive power
of ESP. The Zacks Rank #3 when combined with a negative ESP makes
surprise prediction difficult. We caution against stocks with a
Zacks Ranks #4 and #5 (Sell rated stocks) going into the earnings
announcement, especially when the company is seeing negative
estimate revisions momentum.
Stocks that Warrant a Look
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:
Rite Aid Corporation
), Earnings ESP of +25.00% and a Zacks Rank #1 (Strong Buy).
The Kroger Co.
), Earnings ESP of +1.89% and a Zacks Rank #2 (Buy).
Five Below, Inc.
), Earnings ESP of +25.00% and a Zacks Rank #2 (Buy).
DOLLAR GENERAL (DG): Free Stock Analysis
FIVE BELOW INC (FIVE): Free Stock Analysis
KROGER CO (KR): Free Stock Analysis Report
RITE AID CORP (RAD): Free Stock Analysis
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