Ross Stores has a positive Earnings ESP of +6.03% and a Zacks Rank #2 (Buy), signaling a strong chance of another earnings beat in its upcoming quarterly report. The discount retailer has beaten estimates in its last two quarters, with an average surprise of 12.60%, including an 18.82% beat last quarter when it reported $2.02 per share versus the $1.70 consensus. Zacks research indicates that stocks with a positive Earnings ESP and a Zacks Rank #3 or better produce a positive surprise nearly 70% of the time.
Ross Stores IncPositive Earnings ESP and Zacks Rank #2 indicate likely earnings beat.