What to Expect When Jarden (JAH) Reports Earnings Tomorrow - TheStreet

NEW YORK (TheStreet) -- Jarden Corp. (JAH) is scheduled to release its 2015 third quarter earnings results before the market open on Thursday morning.

Analysts are expecting that the consumer products company will report a year over year decline in earnings per share but a rise in revenue for the most recent quarter.

Jarden has been forecast to post earnings of 80 cents per share on revenue of $2.25 billion for the September ended period.

The company's adjusted earnings came in at $1.17 per diluted share on net sales of $2.14 billion for the 2014 third quarter.

Shares of Jarden are up by 0.09% to $46.83 in early afternoon trading on Wednesday.

Jarden is a Miami-based goods and services company. Some of Jarden's brands include Yankee Candle, SmartBridge, Mr. Coffee, Oster, CHUB and Tally-Ho.

Separately, TheStreet Ratings team rates JARDEN CORP as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation:

We rate JARDEN CORP (JAH) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income, revenue growth, solid stock price performance and reasonable valuation levels. We feel its strengths outweigh the fact that the company shows low profit margins.

Highlights from the analysis by TheStreet Ratings Team goes as follows:

  • JARDEN CORP reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. During the past fiscal year, JARDEN CORP increased its bottom line by earning $1.29 versus $1.21 in the prior year. This year, the market expects an improvement in earnings ($2.76 versus $1.29).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Household Durables industry. The net income increased by 64.9% when compared to the same quarter one year prior, rising from $52.10 million to $85.90 million.
  • Despite its growing revenue, the company underperformed as compared with the industry average of 10.0%. Since the same quarter one year prior, revenues slightly increased by 1.5%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period. Although other factors naturally played a role, the company's strong earnings growth was key. Looking ahead, the stock's rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry. We feel, however, that the other strengths this company displays justify these higher price levels.
  • You can view the full analysis from the report here: JAH