Bemis Company 2Q Earnings Pregame Scorecard
Having topped analysts' estimates last quarter by 2 cents per share, Bemis Company (NYSE:BMS) is expected to deliver its latest earnings on Thursday, July 26, 2012.
Expectations
Analysts currently expect Bemis Company to come in with earnings of 52 cents per share on revenues of $1.32 billion. Analysts gave estimates ranging from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 53 cents.
Stock Movement
Recently, the stock price has been rising Since July 12, 2012 business days the stock has risen $1.08 per share. Looking at change over the last three months, April 25, 2012 and July 20, 2012, the stock price fell $1.09 (-3.4%), from $32.22 to $31.13.
Company Fundamental Trends
Stock Ratings
Analysts think investors should stand pat on Bemis Company with six of eight analysts rating it hold. The average analyst rating of the stock has stayed steadfast from three months prior.
Last Quarter's Results
In the first quarter, profit fell 14.1% to $44 million (42 cents a share) from $51.2 million (47 cents a share) the year earlier, but exceeded analyst expectations. Revenue fell 1.5% to $1.3 billion from $1.32 billion.
Summary
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012 before market open
EPS: 52 cents
Revenue Estimate: $1.32 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)