Will Five Below (FIVE) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - Five Below (FIVE) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of exceeding expectations [1][6]. Earnings Performance - Five Below has a solid track record of surpassing earnings estimates, with an average surprise of 82.73% over the last two quarters [2]. - In the last reported quarter, Five Below achieved earnings of $3.48 per share, exceeding the Zacks Consensus Estimate of$3.38 per share by 2.96% [3]. - In the previous quarter, the company reported earnings of $0.42 per share against an expectation of$0.16 per share, resulting in a surprise of 162.50% [3]. Earnings Estimates and Predictions - Recent changes in earnings estimates for Five Below have been favorable, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [6][9]. - The current Earnings ESP for Five Below is +7.45%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [9]. - 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 [7]. Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [8]. - A negative Earnings ESP does not necessarily indicate an earnings miss but can reduce the predictive power of the metric [9].