Why LCI (LCII) is Poised to Beat Earnings Estimates Again

Group 1 - LCI (LCII) has a strong history of beating earnings estimates, with an average surprise of 85.74% over the last two quarters [1] - In the last reported quarter, LCI achieved earnings of $2.40 per share, exceeding the Zacks Consensus Estimate of$2.29 per share by 4.80% [1] - In the previous quarter, LCI's earnings were $1.44 per share against an expected$0.54 per share, resulting in a surprise of 166.67% [1] Group 2 - There has been a favorable change in earnings estimates for LCI, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating potential for another earnings beat [2] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [2] - LCI currently has an Earnings ESP of +1.98%, suggesting analysts are optimistic about its near-term earnings potential [3] Group 3 - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [3] - A negative Earnings ESP does not necessarily indicate an earnings miss but reduces the predictive power of the metric [3] - It is important to check a company's Earnings ESP before quarterly releases to improve the odds of success [4]