![]() CENTA is expected to register a top-line and bottom-line improvement when it reports upcoming quarterly results. Carter's delivered an earnings beat of 25.3%, on average, in the trailing four quarters.Ĭentral Garden & Pet Company CENTA currently has an Earnings ESP of +0.52% and a Zacks Rank of 2. The consensus estimate for earnings suggests 60.8% decline from the year-ago quarter’s reported number. The Zacks Consensus Estimate for CRI’s quarterly earnings has moved up 4.1% in the past 30 days to 51 cents per share. The Zacks Consensus Estimate for CRI’s quarterly revenues is pegged at $600.4 million, suggesting a fall of 14.3% from the prior-year quarter’s reported figure. CRI is expected to register top and bottom-line decline from the year-ago quarter’s reported figures when it reports upcoming quarterly numbers. CRI currently has an Earnings ESP of +7.84% and a Zacks Rank of 2. Camping World delivered an earnings beat of 600% in the last reported quarter.Ĭarter's, Inc. The consensus mark has been stable in the past 30 days. The Zacks Consensus Estimate for CWH's quarterly earnings is pegged at 81 cents, suggesting a 62.5% decline from $2.16 reported in the year-ago quarter. You can see the complete list of today’s Zacks #1 Rank stocks here. The Zacks Consensus Estimate for quarterly revenues is pegged at $2 billion, suggesting an 8.9% decline from the figure reported in the prior-year quarter. CWH is likely to register top and bottom-line decline from the prior-year quarter’s reading when it reports upcoming quarterly results. CWH has an Earnings ESP of +3.19% and currently sports a Zacks Rank #1. Here are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings this season:Ĭamping World Holdings, Inc. has a Zacks Rank #4 (Sell) and an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. But that’s not the case here, as elaborated below. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. Our proven model does not conclusively predict an earnings beat for V.F. Story continues What the Zacks Model Unveils For the fiscal first quarter, our model indicates gross margin to expand 120 basis points to 55.3% on a year-over-year basis. Also, the company’s focus on lowering working capital and optimizing inventories is likely to have been tailwinds. also remains committed on its operational execution and cost-saving actions, which are expected to have boosted its margins in the to-be-reported quarter. VFC’s brand portfolio, strength in its outdoor unit driven by The North Face brand and solid momentum in the international business are likely to have boosted its performance in the fiscal first quarter. On the positive front, the company has been benefiting from Supreme’s strong follower base in the younger generation, even when consumers are moving away from apparel to essential spending. This, along with the promotional environment in North America, is likely to weigh on the bottom-line performance for the to-be-reported quarter. VFC also expects SG&A deleverage for the fiscal first quarter due to lower volumes. For first-quarter fiscal 2024, the company predicts a revenue decline in the high-single digits, indicating a challenging U.S. It anticipates revenues from its brands to be impacted by lower wholesale sales in the spring season. The company expected the fiscal first quarter to reflect the impacts of sluggishness in the Americas region on account of a tough wholesale environment. provided a tepid outlook for the first quarter of fiscal 2024, implying soft performance in the to-be-reported quarter.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |