Nu-Skin Enterprises, Inc.NUS is set to report first quarter 2016 results on Apr 28, after the market closes. Last quarter, the company posted a negative surprise of 13.89%. Let us see how things are shaping up for this announcement. Why a Likely Positive Surprise? Our proven model shows that Nu-Skin is likely to beat earnings because it has the right combination of two key components. Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is +8.11%. This is a very meaningful and a leading indicator of a likely positive earnings surprise. Zacks Rank: Nu-Skin has a Zacks Rank #2 (Buy). Note that stocks with a Zacks Rank #1 (Strong Buy), #2 or #3 (Hold) have a significantly higher chance of beating earnings. Meanwhile, Sell-rated stocks (#4 or 5) should never be considered going into an earnings announcement, especially when the company is seeing negative estimate revisions. The combination of Nu-Skin’s Zacks Rank #2 and +8.11% ESP makes us confident of an earnings beat. What is Driving the Better-than-Expected Earnings? The company has been witnessing sequential business improvements backed by innovations. After the successful third-quarter introduction of ageLOC Youth in South Asia/Pacific region, the company introduced the newest ageLOC products in December which drove the fourth quarter results. The new ageLOC Me customized skin care system was well received in Japan and South Korea and is expected to boost sales in the first quarter as well. The company is also seeing sales leader improvements in several markets, which is encouraging. For the first quarter, the company expects revenues in the range of $450 to $470 million, which anticipates a negative foreign currency impact of 6% to 7%. First quarter earnings per share are anticipated to be 35 to 38 cents. Unfavorable currency has been a concern for Nu Skin’s revenues since quite some time. Last quarter, currency fluctuations negatively impacted sales by 7%. In addition, multi-level marketer Nu Skin has been witnessing a decline in Greater China since the past few quarters. This is a concern as the company gets more than a third of its total revenues from the region, which includes Taiwan and Hong Kong. Other Stocks to Consider Here are some companies in the consumer staples sector, which are worth considering, as our model shows that they have the right combination of these two elements: Tupperware Brands Corporation TUP with an Earnings ESP of +0.90% and a Zacks Rank #1. Altria Group, Inc. MO with an Earnings ESP of +1.47% and a Zacks Rank #2. Church & Dwight Co. Inc. CHD with an Earnings ESP of +1.19% and a Zacks Rank #2. 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 >>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 TUPPERWARE BRND (TUP): Free Stock Analysis Report NU SKIN ENTERP (NUS): Free Stock Analysis Report CHURCH & DWIGHT (CHD): Free Stock Analysis Report ALTRIA GROUP (MO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research