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CENT Central Garden and Pet Co

38.06
0.00 (0.00%)
Pre Market
Last Updated: 10:00:17
Delayed by 15 minutes
Share Name Share Symbol Market Type
Central Garden and Pet Co NASDAQ:CENT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 38.06 15.30 60.50 0 10:00:17

Will Central Garden (CENT) Disappoint this Earnings Season? - Analyst Blog

05/05/2014 8:00pm

Zacks


Central Garden & Pet Company (CENT), a leading name in the lawn, garden and pet supplies markets, is set to report its second-quarter fiscal 2014 results on May 6, 2014. Last quarter, it posted a positive surprise of 16.1%. Let us see how things are developing for this announcement.

Growth factors in the past quarter

Central Garden & Pet’s first-quarter fiscal 2014 results benefited from the management’s overhauling initiatives. The company is building on a balanced approach that encompasses revenue growth as well as cost reduction. Also, the focus on product innovation and improvement in customer relations helped it to post a narrower-than-expected loss.

Earnings Whispers

Our proven model does not conclusively project Central Garden & Pet as likely to beat earnings 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. This is not the case here as you will see below.

Zacks ESP:  ESP for Central Garden & Pet is 0.00%. This is because both the Most Accurate Estimate and the Zacks Consensus Estimate stand at 47 cents.

Zacks #3 Rank (Hold): Central Garden & Pet’s Zacks Rank #3 (Hold) lowers the predictive power of ESP because this Zacks Rank 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 an earnings announcement, especially when the company is witnessing negative estimate revisions momentum.

Other Stocks to Consider

Here are some other companies you may want to consider as our model shows these to have the right combination of elements to post an earnings beat:  

The Walt Disney Company’s (DIS), with an Earnings ESP of +1.03% and a Zacks Rank #2 (Buy).

CST Brands Inc. (CST), with an Earnings ESP of +14.29% and a Zacks Rank #3 (Hold).

Vitamin Shoppe Inc. (VSI), with an Earnings ESP of +1.47% and a Zacks Rank #3 (Hold).


 
CENTRAL GARDEN (CENT): Free Stock Analysis Report
 
CST BRANDS INC (CST): Free Stock Analysis Report
 
DISNEY WALT (DIS): Free Stock Analysis Report
 
VITAMIN SHOPPE (VSI): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
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