For the last five quarters, Mead Johnson Nutrition (NYSE:MJN) has exceeded analyst expectations. The company will try to continue the streak when it reports its latest earnings on Thursday, July 26, 2012.
Analysts currently expect Mead Johnson Nutrition to come in with earnings of 76 cents per share on revenues of $1 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 78 cents.
The stock fell $5.14 per share between June 28, 2012 and June 29, 2012.
Company Fundamental Trends
Analysts think investors should stand pat on Mead Johnson Nutrition with six of 12 analysts rating it hold.
Last Quarter's Results
In the first quarter, profit rose 12.4% to $164.2 million (80 cents a share) from $146.1 million (71 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 9.6% to $986.6 million from $899.8 million.
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012 before market open
EPS: 76 cents
Revenue Estimate: $1 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)