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) -- The excitement leading into



fourth-quarter earnings announcement may have cooled off Wednesday, but analysts believe Jarden's strength will persist.

Looking at Jarden's earnings report for the fourth quarter, Charles Strauzer at CJS Securities is impressed by the company's strong, high-digit organic growth at the consumer solutions segment; its significantly better-than-expected cash flow; as well as the acquisition of Paris-based Mapa Spontex baby-care -- all of which point toward continued growth for Jarden in 2010.

"It speaks volumes about the company's strong fundamentals," Strauzer says of Jarden. Strauzer, it should be noted, personally owns shares of Jarden and added that his firm may seek to do business with the company.

Strauzer believes the Jarden's

acquisition of Mapa Spontex

last year was a particularly good move on the Jarden's part: "It's a very good niche they're getting into," he says. "Jarden is getting in one of dominant brands in the baby care area -- it broadens their geographic presence." Notably, as Strauzer points out, Mapa Spontex's gross margins are above Jarden's average, and the transaction will be 5 to 10 cents accretive to the company's base growth.

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Jarden of course, will be pursuing revenue synergy opportunities from the Mapa Spontex transaction, which is anticipated to close in early April. For the fourth quarter, Jarden reported adjusted earnings of 77 cents a share, beating the Wall Street consensus estimate of 76 cents a share.

Shares in Jarden have fallen 3.5% to $30.40 Wednesday after reaching a high of $31.60 during Tuesday's trading session, up 4.1%, as initial excitement leading into the earnings announcement has apparently cooled.

Jarden's hefty portfolio of consumer products consist of such brands as Coleman, Mr. Coffee, Crock-Pot and Crawford.

-- Reported by Andrea Tse in New York


>>Jarden Expands in 'Attractive' Baby Market

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