Factors that set the tone for Camping World (CWH) first quarter results

Camping World Holdings, Inc. CWH is expected to release its first quarter 2021 results on May 4, ahead of the opening bell. In the last reported quarter, the company’s profits exceeded Zacks’ consensus estimate by 100%.

Q1 estimates

Zacks’ consensus estimate for first quarter earnings per share has fallen from 52 cents to 54 cents in the past seven days. In the quarter of the previous year, the company reported a loss per share of 3 cents.

The consensus mark for revenue stands at $ 1.27 billion, which suggests growth of 23.8% from $ 1.03 billion in the previous year quarter.

Factors to note

The company’s first quarter results are likely to reflect strong revenues in finance and insurance, new vehicles and used vehicles. Zacks’ consensus estimate for finance and insurance, new vehicle, and used vehicle revenue is set at $ 120 million, $ 670 million, and $ 241 million, suggesting growth of 30.4%, 34.8% and 16.4% year over year, respectively. In addition, the consensus estimate for revenue from products, services and others is set at $ 195 million, indicating a 12.7% improvement year-over-year.

Camping World Holdings Inc. Price and Surprise EPS

Camping World Holdings Inc. Price and Surprise EPS

Camping World Holdings Inc. price-eps-surprise | Quote from Camping World Holdings Inc.

What the Zacks model reveals

Our proven model conclusively predicts a revenue beating for Camping World this time around. The combination of a positive earnings ESP and a Zacks # 1 (strong buy), 2 (buy) or 3 (hold) rank increases the chances of beating the winnings.

ESP gains: Camping World has a Revenue ESP, which is the difference between the Most Accurate Estimate and Zacks’ Consensus Estimate of + 45.76%. You can discover the best stocks to buy or sell before they are declared with our ESP earnings filter.

Zacks Rank: The company currently carries a Zacks # 3 rank. You can see The full list of current Zacks # 1 Rank stocks here.

Other actions with a favorable combination

Here are a few other stocks from the Zacks Consumer Discretionary space that investors may want to consider, as our model shows that they also have the right mix of elements to generate profit this time around.

Hyatt Hotels Corporation H has a Zacks # 3 rank and an ESP of + 7.29% earnings.

Choice Hotels International, Inc. CHH has a Zacks # 3 rank and an ESP of + 17.47% earnings.

Caesars Entertainment, Inc. CZR has a Zacks # 3 rank and a gain ESP of + 9.32%.

5 actions to double

Each has been selected by a Zacks expert as the # 1 preferred stock to earn + 100% or more in 2020. Each comes from a different industry and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stock in this report is flying under Wall Street’s radar, which provides a great opportunity to get into the ground floor.

Today, check out these 5 potential home races >>

Want 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

Choice Hotels International, Inc. (CHH): Free Inventory Analysis Report

Hyatt Hotels Corporation (H): Free Inventory Analysis Report

Camping World Holdings Inc. (CWH): Free Stock Analysis Report

Caesars Entertainment, Inc. (CZR): Free Stock Analysis Report

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About Juana Renfrow

Juana Renfrow

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