5 Stocks Poised For Post-Earnings Pop

The company is expected to report on Aug 13 and its earnings expected surprise prediction (ESP) is 10.6%.

Over the last seven days, the Zacks Consensus Estimate for 2020 (ending June) moved up a couple of cents to $5.83. The 2021 estimate went from $4.37 to $4.59. Historically, the shares have responded positively to positive earnings surprises. So this quarter should be no different.

Finally, Vista Outdoor Inc. (VSTO - Free Report).

Vista Outdoor develops, manufactures, and distributes optics, accessories, and eyewear. The company operates in two segments: Shooting Sports and Outdoor Products. Its product line includes binoculars, laser rangefinders, riflescopes, trail cameras, archery accessories, blinds, decoys, game calls, gun care products, mounts, powder, reloading equipment, targets, target systems, safety, and protective eyewear, fashion, and sports eyewear under the Bushnell, Primos, Bollè, Serengeti, Cèbè, RCBS, Hoppe's, Uncle Mike's, Gold Tip, Weaver and Tasco brands.

The Zacks Rank #2 company has a VGM Score A and Growth Score A.

It operates in the Leisure and Recreation Products industry, which is in the top 2% of 250+ Zacks-classified industries.

The company is expected to report on Aug 13 and its earnings expected surprise prediction (ESP) is 20.0%.

Seven days ago, the Zacks Consensus Estimate for 2021 (ending March) moved up a couple of cents to $0.39. The 2022 estimate went from $0.45 to $0.50. Historically, the shares price movements haven’t shown much correlation to positive earnings surprises. So the chances of a positive movement in share prices in response to a positive surprise are about even.

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