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Tiffany & Co. (TIF - Analyst Report), 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 announcement.

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%.

Earnings Whispers?

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 Earnings ESP and a Zacks Rank #1, #2 or #3 for this to happen. This is not the case here, as you will see below.

Zacks ESP: ESP for Tiffany is 0.00%. This is because both the Most Accurate estimate and the Zacks Consensus Estimate are pegged at 58 cents.

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:

Hanesbrands Inc. (HBI - Analyst Report), Earnings ESP of +1.11% and a Zacks Rank #1 (Strong Buy).

The J. M. Smucker Company (SJM - Analyst Report) has an Earnings ESP of +1.83% and a Zacks Rank #3 (Hold).

Michael Kors Holdings Limited (KORS - Analyst Report), Earnings ESP of +1.16% and a Zacks Rank #3 (Hold).

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