Zacks' 7 Best Stocks for June, 2013
FREE Report for Zacks.com
Visitors Only

They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.

Today, you can see them free.

Close This Panel X

Are you a new Zacks Member or a visitor to Zacks.com?

Recent Quotes

No Recent Quote currently available

My Portfolio

My Portfolio Tracker

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

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 Stocks on the Move 06/18/2013

Company Name Symbol %Change
STAAR SURGIC STAA
10.98%
DTS INC DTSI
6.89%
ANIKA THERAP ANIK
6.04%
LUMOS NETWOR LMOS
5.70%
INSTEEL IND IIIN
5.28%

Earnings Preview: Hershey

by Zacks Equity Research

January 29, 2013 | Comments : 0 Recommended this article: (0)

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

We expect chocolate maker, The Hershey Company (HSY - Analyst Report) to beat expectations when it reports fourth quarter and full year 2012 results on Jan 31 before the market opens.

Why a Likely Positive Surprise?

Our proven model shows that Hershey’s is likely to beat earnings because it has the right combination of two key ingredients.

Positive Zacks ESP: Hershey’s currently has an Earnings ESP (Read: Zacks Earnings ESP: A Better Method) of +1.33%.

Zacks #3 Rank (Neutral): Note that stocks with Zacks Ranks of #1, #2 and #3 have a significantly higher chance of beating earnings. The sell rated stocks (#4 and #5) should never be considered going into an earnings announcement.Hershey’s currently carries a Zacks Rank # 3 (Hold).

The combination of the stock’s Zacks Rank #3 (Hold) and +1.33% ESP makes us confident of a positive earnings beat on Jan 31.

What is Driving the Better Than Expected Earnings?

Holiday-driven spending, lower cost inflation, better pricing, improving volumes and strong productivity are expected to lead to a positive earnings surprise in the upcoming quarter.

Hershey has outperformed in all the quarters of 2012 and has raised its guidance thrice in 2012, highlighting its attractive earnings potential. Over the past 10 quarters, the company has beaten estimates in 6 while it matched in 4. The outlook for 2013 is also encouraging, especially the expectation of no cost inflation in the year.

Other Stocks to Consider

Hershey’s is not the only bullish firm this earnings season. We also see likely earnings beats coming from the following peers in the consumer staples industry:

Flowers Foods, Inc. (FLO - Snapshot Report): Earnings ESP of +4.00% and Zacks Rank #1 (Strong Buy).

ConAgra Foods, Inc. (CAG - Analyst Report): Earnings ESP of +3.64% and Zacks Rank #2 (Buy).

Cal-Maine Foods, Inc. (CALM - Snapshot Report): Earnings ESP of +1.74% and Zacks Rank #3 (Hold).

Email Print Share Rate Pos Rate Neg

Read/Post Comments (0) | Recommended this article (0)

Please login to Zacks.com or register to post a comment.

Zacks Research is Reported On:

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.