Will Williams-Sonoma (WSM) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - Williams-Sonoma (WSM) is well-positioned to continue its earnings-beat streak in upcoming reports, supported by a strong history of exceeding earnings estimates and a positive earnings outlook [1][3]. Earnings Performance - For the most recent quarter, Williams-Sonoma reported earnings of $1.96 per share, surpassing the expected$1.76 per share, resulting in a surprise of 11.36% [2]. - In the previous quarter, the company reported $1.74 per share against an expectation of$1.64 per share, achieving a surprise of 6.10% [2]. Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Williams-Sonoma, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [3][6]. - The current Earnings ESP for Williams-Sonoma is +1.36%, reflecting increased analyst optimism regarding its near-term earnings potential [6]. Zacks Rank and Success Rate - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high probability of another earnings beat, with historical data indicating that such combinations lead to positive surprises nearly 70% of the time [4][6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of recent analyst revisions [5].