Fortune Brands Home & Security, Inc.
), the home and security products providing company, is slated to
report fourth-quarter and full-year 2013 results on Jan 29, 2014.
In the last quarter, it posted a positive surprise of 12.2%.
Let's see how things are shaping up for this announcement.
ABERCROMBIE (ANF): Free Stock Analysis Report
FORTUNE BRD H&S (FBHS): Free Stock Analysis
HOME DEPOT (HD): Free Stock Analysis Report
TEXAS ROADHOUSE (TXRH): Free Stock Analysis
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Growth Factors this Past Quarter
The Ill-based company posted strong third-quarter 2013 results,
driven by the spate of new construction in recent times and
improvement in the Repair & Remodel market. The
year-over-year increase in top line was primarily boosted by
improvement in the housing market. Fortune Brands also registered
double-digit sales growth across all of its segments with an
improved adjusted operating margin mainly backed by a fall in
selling, general & administrative (SG&A) expenses as a
percentage of sales.
Our proven model does not conclusively show that Fortune Brands
is likely to beat earnings estimates 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 Fortune Brands is -2.70%. This is because the Most
Accurate estimate stands at 36 cents, while the Zacks Consensus
Estimate is pegged at 37 cents.
Zacks Rank #4 (Sell)
: Fortune Brands' Zacks Rank #4 when combined with a negative ESP
makes surprise prediction difficult. We caution against stocks
with a Zacks Rank #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 these have the right combination of elements:
The Home Depot, Inc.
) has an Earnings ESP of +1.39% and a Zacks Rank #2 (Buy).
Abercrombie & Fitch Co.
) has an Earnings ESP of +1.96% and a Zacks Rank #2 (Buy).
Texas Roadhouse, Inc.
) has an Earnings ESP of +4.35% and a Zacks Rank #2 (Buy).