Johnson Outdoors Gears Up for Q1 Earnings: What's in the Offing?

Johnson Outdoors Inc. JOUT is scheduled to report first-quarter fiscal 2025 results on Feb. 3, before market open. In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate by 241.8%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Trend in JOUT’s Estimate RevisionThe Zacks Consensus Estimate for the to be reported quarter’s loss per share have widened to $1.30 from a loss of $1.27 in the past 30 days. In the year ago quarter, the company reported adjusted earnings per share of 38 cents.The consensus mark for revenues is pegged at $104.7 million, indicating a 24.5% decline from the year-ago reported figure of $138.6 million.Key Factors to Note Ahead of JOUT’s Q1 ResultsJohnson Outdoors’ fiscal first-quarter results are likely to be hurt by challenging market conditions for outdoor recreation products. Increased competition in the industry has forced the company to adjust its strategy and pricing.The company's bottom line is likely to have been affected by deferred compensation expenses. Elevated warranty expenses and professional services costs are concerns as well. Margins in the quarter to be reported are likely to have been negatively affected by promotional pricing, an unfavorable product mix and increased inventory reserves.However, the company has been enhancing its product development strategy by allocating more resources to consumer insights and key talent. Efficiency improvements in manufacturing, logistics and sourcing bode well. These efforts are likely to have aided the company’s performance.What the Zacks Model Unveils About JOUTOur proven model does not conclusively predict an earnings beat for Johnson Outdoors this time. That is because a stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. This is not the case here, as elaborated below.Earnings ESP of JOUT: The company has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.JOUT’s Zacks Rank: JOUT carries a Zacks Rank #4 (Sell).Johnson Outdoors Inc. Price and EPS Surprise  Johnson Outdoors Inc. price-eps-surprise | Johnson Outdoors Inc. QuoteStocks Poised to Beat on EarningsHere are some stocks from the Zacks Consumer Discretionary sector that investors may consider, as our model shows that these have the right combination of elements to post an earnings beat:Life Time Group Holdings, Inc. LTH has an Earnings ESP of +14.29% and sports a Zacks Rank of 1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.LTH is expected to register a 5.3% increase in earnings in the to-be-reported quarter. It reported earnings beat in three of the trailing four quarters and missed on one occasion, with an average surprise of 46.2%.Trip.com Group Limited TCOM currently has an Earnings ESP of +0.97% and flaunts a Zacks Rank of 1.TCOM reported earnings beat in each of the trailing four quarters, with an average surprise of 42.8%. Its earnings for the to-be-reported quarter are expected to decrease 7.1%.Rush Street Interactive, Inc. RSI currently has an Earnings ESP of +22.22% and sports a Zacks Rank of 1.RSI’s earnings for the to-be-reported quarter are expected to increase 800%. It reported earnings beat in each of the trailing four quarters, the average surprise being 225%.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Johnson Outdoors Inc. (JOUT): Free Stock Analysis Report Trip.com Group Limited Sponsored ADR (TCOM): Free Stock Analysis Report Rush Street Interactive, Inc. (RSI): Free Stock Analysis Report Life Time Group Holdings, Inc. (LTH): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks