Canada Goose(GOOS) ZACKS·2025-01-30 16:07Core Viewpoint - Canada Goose (GOOS) is anticipated to report a year-over-year increase in earnings despite a decline in revenues for the quarter ending December 2024, with the actual results being crucial for the stock's near-term price movement [1][2]. Earnings Expectations - The earnings report is scheduled for release on February 6, 2025, and could lead to a stock price increase if the results exceed expectations, while a miss could result in a decline [2]. - The consensus estimate for quarterly earnings is 427.8 million, down 4.5% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4]. - The Most Accurate Estimate for Canada Goose is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -6.48%, suggesting a bearish sentiment among analysts [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model compares the Most Accurate Estimate to the Zacks Consensus Estimate, with a positive Earnings ESP indicating a higher likelihood of an earnings beat [6][8]. - A positive Earnings ESP combined with a Zacks Rank of 1, 2, or 3 significantly increases the chances of a positive surprise, with a historical success rate of nearly 70% [8]. Historical Performance - Canada Goose has beaten consensus EPS estimates three out of the last four quarters, with a notable surprise of +180% in the last reported quarter [12][13]. Conclusion - While Canada Goose does not currently appear to be a strong candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [16].