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

Mead Johnson Nutrition Company MJN releases 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:

Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading 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 has accomplished the estimated 35.1% rise in EPS and 15.3% increase in revenues on a year-over-year basis.

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:

Shares of Mead Johnson Nutrition Company were trading at $72.80 as of October 21, 2011. Shares are up 18.4% 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:

Wondering how Mead Johnson Nutrition Company compares to rivals in the same sector? Here are a few of the 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 (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've gotten an advanced peak at Mead Johnson Nutrition Company's upcoming earnings numbers, keep an eye out for any surprises in the report and be ready to take action. Also, check back in with us after the announcement for a full recap and a guide to your next steps.

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