Back to top
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
The Gap, Inc. (GPS) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Gap, Inc. (GPS) - free report >>
Image: Bigstock
What's in the Cards for Diodes (DIOD) this Earnings Season?
Diodes Incorporated (DIOD - Free Report) is scheduled to report second-quarter 2016 results on Aug 9, 2016. Last quarter, the company posted a positive earnings surprise of 50%. Let's see how things are shaping up for this announcement.
Factors to Consider
Diodes reported mixed results in the first quarter of 2016, where in the bottom line surpassed the Zacks Consensus Estimates but the top line missed the same. However, the year-over-year comparisons on both counts were favorable.
The BCD Semiconductor acquisition continues to benefit Diodes by expanding its footprint in the broader analog market and extending its product offerings. We believe the company’s product launches will boost revenues, going forward.
However, competition from the likes of Fairchild Semiconductor International Inc. and Vishay Intertechnology Inc. remains a concern for the company.
DIODES INC Price and EPS Surprise
DIODES INC Price and EPS Surprise | DIODES INC Quote
Earnings Whispers?
Our proven model does not conclusively show that Diodes will beat earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. That is not the case here as you will see below.
Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at 21 cents per share. Hence, the difference is 0.00%.
Zacks Rank: Diodes’ Zacks Rank #3 when combined with a 0.00% ESP makes surprise prediction difficult.
We caution against stocks with a Zacks Rank #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum.
Stocks to Consider
Here are some other companies you may want to consider as our model shows that they have the right combination of elements to post an earnings beat this quarter:
Digital Turbine, Inc. (APPS - Free Report) , with an Earnings ESP of +12.50% and a Zacks Rank #3
The Gap, Inc. (GPS - Free Report) with an Earnings ESP of +2.13% and a Zacks Rank #3
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>