Is A Beat In Store For Select Comfort (SCSS) In Q3 Earnings?
Zacks Investment Research | Oct 11, 2017 10:00PM ET
Select Comfort Corporation (NASDAQ:SCSS) is set to report third-quarter 2017 results on Oct 17, after the closing bell.
Currently, the question lingering in investors’ minds is, whether the company will be able to deliver positive earnings surprise in the to-be-reported quarter. Select Comfort’s earnings have outpaced the Zacks Consensus Estimate in the last two quarters, with the trailing four-quarter average beat of 24.5%.
Let’s see how things are shaping up prior to this announcement.
What to Expect?
The Zacks Consensus Estimate for the quarter under review has been stable at 68 cents in the last 30 days, while the same has moved up by a penny to $1.40 for 2017. Notably, these estimates reflect a year-over-year growth of about 21% for the impending quarter and 27% for the current year.
Further, analysts polled by Zacks expect revenues of $415.1 million and $1.43 billion for the third quarter and 2017, up 12.8% and 8.9%, respectively.
Select Comfort forms part of the Original post
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