Mead Johnson Nutrition Company Earnings Preview: Analysts Expect Higher EPS, Revenue

Mead Johnson Nutrition Company MJN unveils its next round of earnings this Thursday, October 27, 2011. Get the latest predictions in Benzinga's essential guide to the company's third quarter earnings report.

Earnings and Revenue:

Analysts are looking ahead to a positive EPS of 77 cents/share and revenues of $934.1 million. Mead Johnson Nutrition Company's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of 57 cents/share on revenues of $810.2 million. We'll have to wait for Thursday to see if Mead Johnson Nutrition Company falls in line with analyst expectations and reports an estimated increase in both EPS and revenue from the year-ago quarter.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q2	Q1	Q4	Q3
EPS Estimate	$0.69	$0.71	$0.56	$0.58
EPS Actual	$0.72	$0.76	$0.57	$0.57

Stock Performance:

As of October 24, 2011, Mead Johnson Nutrition Company's current share price was $72.53. Shares are up 17.9% year to date.

Average Stock Rating:

The average rating by analysts for Mead Johnson Nutrition Company is a Hold. Over the past three months this rating's strength has declined slightly.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Mead Johnson Nutrition Company's peers.

• AMERICAN DAIRY (ADY): Hold with a $0.24 recent quarter EPS
• Dean Foods Company (DF): Hold with a $0.18 recent quarter EPS
• Lifeway Foods (LWAY): Moderate Buy with a $0.02 recent quarter EPS
• Synutra International (SYUT): Strong Buy with a -$0.17 recent quarter EPS

The medical products company's industry has seen price/earnings growth of 1.5% during the current fiscal year.

Finally, a description of the company's main areas of operation: Mead Johnson Nutrition provides pediatric nutrition and related products which help improve the health and development of infants and children around the world.

Take Action:

Now that you have reviewed all the numbers, be ready to move if the upcoming Mead Johnson Nutrition Company earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.

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