), one of the leading media and marketing companies with interests
in publishing, broadcasting, integrated marketing and interactive
media, is slated to report its fourth-quarter fiscal 2014 results
on Jul 31. In the last quarter, it posted a positive surprise of
6.1%. Let's see how things are shaping up for this
Factors Influencing This Quarter
Meredith boasts a strong portfolio of women's magazines that
helps it to secure a solid market share. However, persisting
secular headwinds and dependence on traditional advertising revenue
could weigh on the company's performance.
Our proven model does not conclusively show that Meredith 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.
Earnings ESP for Meredith is 0.0%. This is because both the Most
Accurate estimate and the Zacks Consensus Estimate stand at 84
Meredith carries a Zacks Rank #2 (Buy). Though a favorable Zacks
Rank increases the predictive power of ESP, the company's ESP of
0.0% makes surprise prediction difficult.
Stocks That Warrant a Look
Here are some companies you may want to consider as our model
shows that these have the right combination of elements:
Big Lots Inc. (
has an Earnings ESP of +3.33% and a Zacks Rank #3 (Hold).
Exponent Inc. (
) has an Earnings ESP of +1.43% and a Zacks Rank #3.
Time Warner Inc. (
) has an Earnings ESP of +1.19% and a Zacks Rank #3.
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