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Actionable news in SWHC: Smith & Wesson Holding Corporation,

Smith & Wesson (SWHC) Q1 Earnings: A Beat in the Cards?

Smith & Wesson Holding Corporation SWHC is scheduled to report first-quarter fiscal 2017 results, after market close on Sep 1. The gun maker has an impressive earnings history, having beaten estimates in all of the last four quarters at an average of 34.14%. Let’s see how things are shaping up for this quarter.

SMITH & WESSON Price and EPS Surprise

SMITH & WESSON Price and EPS Surprise | SMITH & WESSON Quote

Earnings Whispers

Our proven model conclusively shows that Smith & Wesson is likely to beat earnings this quarter as it possesses the key components. 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 perfectly the case here as you will see below:

Zacks ESP: The Earnings ESP for the company is +1.89% as the Most Accurate estimate stands at 54 cents while the Zacks Consensus Estimate is lower at 53 cents.

Zacks Rank: Smith & Wesson’s Zacks Rank #1, when combined with positive ESP, makes an earnings beat likely this quarter.

Note that we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing a negative estimate revisions momentum.

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