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Stock impact report

Strength Seen in Yeti (YETI): Can Its 13.9% Jump Turn into More Strength? [Yahoo! Finance]

YETI Holdings, Inc. (YETI) 
Last yeti holdings, inc. earnings: 2/13 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
This compares to the stock's 20.1% loss over the past four weeks. Following President Trump's announcement to suspend U.S. tariffs on most countries for 90 days, YETI Holdings shares soared, reflecting renewed investor optimism. This maker of outdoor and recreational products is expected to post quarterly earnings of $0.28 per share in its upcoming report, which represents a year-over-year change of -17.7%. Revenues are expected to be $348.66 million, up 2.1% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. For Yeti, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on YETI going fo Show less Read more
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