Back to top

Analyst Blog

Citi Trends Inc. (CTRN - Analyst Report) is set to report fourth-quarter and fiscal 2013 results on Mar 14, 2014. Last quarter, it posted an earnings surprise of 5.56%. Let us see how things are shaping up for this announcement.

Growth Factors in the Past Quarter

Citi Trends narrowed losses for the third quarter compared to the prior year benefiting from its strategic initiatives such as better utilization of floor area, improvising merchandise margins and efficient inventory management. While the company’s top line declined, comps for the quarter increased marginally driven by a rise in the number of customer transactions and the average number of items per transaction offset by a decline in average unit sale.  

Earnings Whispers?

Our proven model does not conclusively project Zumiez to likely beat earnings this quarter. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 to surpass earnings estimates. However, that is not the case here due to the following factors:
Zacks ESP: ESP for Citi Trends is 0.00% since the Most Accurate estimate stands at 10 cents per share, which is in line with the Zacks Consensus Estimate.

Zacks Rank: Citi Trends’ Zacks Rank #3 (Hold) increases the predictive power of ESP. However, we need to have a positive ESP to be confident of an earnings surprise call. We caution against stocks with Zacks Rank #4 and #5 (Sell-rated stocks) going into the earnings announcement, especially when the company is undergoing negative estimate revisions.

Other Stocks to Consider

Citi Trends is not the only firm we are looking up to this earnings season. Our model shows that the following stocks have the right combination to post an earnings beat:

Emerge Energy Services LP (EMES - Snapshot Report) with Earnings ESP of +8.96% and a Zacks Rank #1 (Strong Buy).

Matador Resources Company (MTDR - Snapshot Report) with Earnings ESP of +7.14% and a Zacks Rank #3 (Hold).

Tiffany & Co. (TIF - Analyst Report) with Earnings ESP of +0.66% and a Zacks Rank #3 (Hold).

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
UNITED THER… UTHR 117.83 +28.51%
TRIQUINT SE… TQNT 20.67 +6.52%
RF MICRO DE… RFMD 12.47 +6.04%
VASCO DATA… VDSI 14.77 +4.68%
BANCO DO BR… BDORY 15.53 +3.95%