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What's in the Cards for TripAdvisor (TRIP) in Q2 Earnings?
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TripAdvisor Inc. (TRIP - Free Report) is slated to report second-quarter 2016 results on Aug 4. Last quarter, the company reported a 40.54% negative earnings surprise.
Let’s see how things are shaping up for this announcement.
Factors to Consider
TripAdvisor’s first-quarter earnings missed the Zacks Consensus Estimate due to higher-than-expected operating expenses. Revenues of $352.0 million were down 15.2% sequentially and 3.0% year over year due to lower display advertising and subscription sales.
For second-quarter results, the company’s solid fundamentals, various growth initiatives including Instant Booking, strong focus on developing mobile products, expansion into international restaurant reservation and improvement in user growth and engagement, especially on mobile devices, will be the likely drivers.
Nevertheless, intensifying competition from Priceline, Expedia and Alphabet may act as a dampener.
Earnings Whispers
Our proven model does not conclusively show that TripAdvisor will beat earnings estimates this quarter. That 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: The Most Accurate estimate stands at 33 cents, while the Zacks Consensus Estimate is pegged at 31 cents. Hence, the difference is +6.45%.
Zacks Rank: TripAdvisor has a Zacks Rank #4.
We caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Here are some stocks, which you may want to consider as our model shows that they have the right combination of elements to post an earnings beat this quarter:
Hecla Mining Co. (HL - Free Report) , with an Earnings ESP of +50.00% and a Zacks Rank #1. The company is slated to report second-quarter 2016 earnings results on Aug 4.
B2Gold Corp. (BTG - Free Report) , with an Earnings ESP of +50.00% and a Zacks Rank #1. The company is slated to report second-quarter fiscal 2016 earnings results on Aug 4.
ANI Pharmaceuticals, Inc. (ANIP - Free Report) , with an Earnings ESP of +2.63% and a Zacks Rank #1. The company is slated to report second-quarter 2016 earnings results on Aug 4.
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 >>
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What's in the Cards for TripAdvisor (TRIP) in Q2 Earnings?
TripAdvisor Inc. (TRIP - Free Report) is slated to report second-quarter 2016 results on Aug 4. Last quarter, the company reported a 40.54% negative earnings surprise.
Let’s see how things are shaping up for this announcement.
Factors to Consider
TripAdvisor’s first-quarter earnings missed the Zacks Consensus Estimate due to higher-than-expected operating expenses. Revenues of $352.0 million were down 15.2% sequentially and 3.0% year over year due to lower display advertising and subscription sales.
For second-quarter results, the company’s solid fundamentals, various growth initiatives including Instant Booking, strong focus on developing mobile products, expansion into international restaurant reservation and improvement in user growth and engagement, especially on mobile devices, will be the likely drivers.
Nevertheless, intensifying competition from Priceline, Expedia and Alphabet may act as a dampener.
Earnings Whispers
Our proven model does not conclusively show that TripAdvisor will beat earnings estimates this quarter. That 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: The Most Accurate estimate stands at 33 cents, while the Zacks Consensus Estimate is pegged at 31 cents. Hence, the difference is +6.45%.
Zacks Rank: TripAdvisor has a Zacks Rank #4.
We caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
TRIPADVISOR INC Price and EPS Surprise
TRIPADVISOR INC Price and EPS Surprise | TRIPADVISOR INC Quote
Stocks to Consider
Here are some stocks, which you may want to consider as our model shows that they have the right combination of elements to post an earnings beat this quarter:
Hecla Mining Co. (HL - Free Report) , with an Earnings ESP of +50.00% and a Zacks Rank #1. The company is slated to report second-quarter 2016 earnings results on Aug 4.
B2Gold Corp. (BTG - Free Report) , with an Earnings ESP of +50.00% and a Zacks Rank #1. The company is slated to report second-quarter fiscal 2016 earnings results on Aug 4.
ANI Pharmaceuticals, Inc. (ANIP - Free Report) , with an Earnings ESP of +2.63% and a Zacks Rank #1. The company is slated to report second-quarter 2016 earnings results on Aug 4.
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 >>