Earnings preview: GSI Commerce

E-commerce solutions provider GSI Commerce (NASDAQ: GSIC) is set to report earnings after the markets close on Wednesday. I think the company has a very good chance of pleasing Wall Street with solid results and appeasing forecasts.

Despite the recent run in the stock, I think a pleasing earnings report will still have the power to move the stock up.

I think GSI's figures for the previous quarter are going to be enough to satisfy Wall Street because the company just recently announced that it "remains comfortable" with hitting its guidance figures for the quarter. I believe gross margins continued their positive upward momentum through the quarter. Lastly, GSI has impressively beat analyst estimates in its last two earnings reports.

More importantly, I think the company is going to provide solid guidance -- the figures that Wall Street truly cares about. GSI Commerce has great prospects going forward. For example, it recently completed a $150 million private placement. This deal gives the company flexibility to make a deal, acquisition, etc. as it sees fit. More importantly, GSI Commerce just opened a new fulfillment center in Kentucky. According to the company, this center will be able to ship more than 110,000 orders per day once it's operating at full capacity. This factory, in combination with the company's existing operations, should give the company the ability to provide solid guidance for the third quarter and the full year.

All in all, I think GSI's report on Wednesday is going to satisfy the street and allow the shares to continue upward momentum.