Tiffany & Co.
), designer, manufacturer and retailer of fine jewelry, is slated
to report its third-quarter fiscal 2013 results before the market
opens on Nov 26, 2013. In the last quarter, it posted a positive
surprise of 12.2%. Let's see how things are shaping up for this
Factors This Past Quarter
Tiffany's better-than-expected second-quarter fiscal 2013
performance came on the back of higher demand in the Asia-Pacific
region, primarily in Greater China, resulting in top-line
increase of 4% and bottom-line growth of 15.3%.
Our proven model does not conclusively show that Tiffany 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.
ESP for Tiffany is 0.00%. This is because both the Most Accurate
estimate and the Zacks Consensus Estimate are pegged at 58
Zacks Rank #3 (Hold):
Tiffany Zacks Rank #3 (Hold) lowers the predictive power of ESP.
The Zacks Rank #3 when combined with an ESP of 0.00% makes
surprise prediction difficult. We caution against stocks with
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:
), Earnings ESP of +1.11% and a Zacks Rank #1 (Strong Buy).
The J. M. Smucker Company
) has an Earnings ESP of +1.83% and a Zacks Rank #3 (Hold).
Michael Kors Holdings Limited
), Earnings ESP of +1.16% and a Zacks Rank #3 (Hold).
HANESBRANDS INC (HBI): Free Stock Analysis
MICHAEL KORS (KORS): Free Stock Analysis
SMUCKER JM (SJM): Free Stock Analysis Report
TIFFANY & CO (TIF): Free Stock Analysis
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