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Stock to Beat Q1 Earnings: TASER International (TASR)

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TASER International Inc.

will release first-quarter 2016 earnings results after the market closes on May 4. Last quarter, the company reported a positive earnings surprise of 125%. Let's see how things are shaping up prior to this announcement.

Why a Likely Positive Surprise?

Our proven model shows that TASER International is likely to beat earnings this season because it has the right combination of two key ingredients. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) to be able to beat estimates, and TASER International has the right mix.

Zacks ESP: The Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is +33.33%. This is because the Most Accurate estimate stands at 4 cents, while the Zacks Consensus Estimate is pegged slightly lower at 3 cents. This is a meaningful indicator of a likely positive earnings surprise.

Zacks Rank: TASER International currently carries a Zacks Rank #3.

The combination of TASER International's Zacks Rank #3 and positive ESP makes us reasonably confident of an earnings beat.

Conversely, Sell-rated stocks (#4 or #5) should never be considered going into an earnings announcement, especially when the company is seeing negative estimate revisions.

Factors at Play

Demand for TASER International's products and services have seen a steep rise...


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