WhiteWave Foods is expected to post results before the market opens on Friday.
The consensus estimate calls for earnings of 22 cents per share on revenue of $911.09 million for the quarter, according to analysts polled by Thomson Reuters.
Shares of WhiteWave Foods closed at $43.72 on heavy volume in Thursday's regular trading session.
About 2.81 million shares have exchanged hands as of 4:13 p.m. ET today, compared to its average trading volume of about 1.63 million shares a day.
WhiteWave Foods is a core holding of Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. During the most recent weekly roundup, this is what Jim Cramer, Portfolio Manager & Jack Mohr, Director of Research - Action Alerts PLUS had to say about the stock:
WhiteWave Foods (WWAV:NYSE; $43.95; 2,600 shares; 4.38%; Sector: Consumer Staples): WhiteWave's stock has outperformed significantly year to date as its portfolio of large, leading brands focused on fast-growing health and wellness offerings appears especially advantaged in the current environment.
Nevertheless, we continue to see upside related to the company's strength in on-trend categories and management emphasis on strategic M&A. We view a valuation premium vs. peers as reasonable and therefore are comfortable in our belief that the shares should trade at 36x our 2016 EPS estimate of $1.40, or $50.
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You can view the full analysis from the report here: WWAV Ratings Report