Owens & Minor 2Q Earnings Pregame Scorecard
After falling short of analyst expectations last quarter, Owens & Minor (NYSE:OMI) will try to redeem itself when it reports again on Monday.
Expectations
Analysts currently expect Owens & Minor to come in with earnings of 49 cents per share on revenues of $2.23 billion. Analyst estimates range from 48 cents per share to 50 cents per share. Over the past three months, the average estimate has moved down from 50 cents.
Stock Movement
In terms of price changes, the stock's best recent streak was when it gained $1.50 per share between June 28, 2012 and July 2, 2012.
Company Fundamental Trends
Stock Ratings
Analysts think investors should stand pat on Owens & Minor with six of eight analysts rating it hold. Owens & Minor's average analyst rating hasn't changed over the past three months.
Last Quarter's Results
In the first quarter, profit rose 2.2% to $29.4 million (46 cents a share) from $28.7 million (45 cents a share) the year earlier, but fell short analyst expectations. Revenue rose 4.4% to $2.22 billion from $2.12 billion.
Summary
Reporting Period: 2Q
Date of Release: Monday, July 23, 2012
EPS: 49 cents
Revenue Estimate: $2.23 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)