World Wrestling Entertainment Inc. WWE is slated to report its first-quarter 2015 results on Apr 30. In the last quarter, the company had delivered a negative surprise of 200%. Let’s see how things are shaping up for this announcement.
Factors This Quarter
Concerns remain as regard to the sustainability of subscriber growth at the WWE Network, as consumer preference patterns usually remain highly volatile. Also, World Wrestling Entertainment’s quarterly results can be unfavorably impacted by the strong U.S dollar. However, cost-cutting measures, performance of its WWE Network, growth of TV rights and innovation are likely to provide requisite relief.
Stocks That Warrant a Look
Here are some companies you may want to consider as these have the favorable combination of positive earnings ESP and a Zacks Rank #1, #2 or #3.
Groupon, Inc. GRPN has an Earnings ESP of +50.00% and a Zacks Rank #1 (Strong Buy).
Skullcandy, Inc. SKUL has an Earnings ESP of +7.69% and a Zacks Rank #1.
Tyson Foods, Inc. TSN has an Earnings ESP of +1.35% and a Zacks Rank #3 (Hold).
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