Kid Brands Earnings Preview
Kid Brands (NYS: KID) met its estimates last quarter, but investors hope that it will beat them this quarter. The company will unveil its latest earnings on Friday. Kid Brands, through its subsidiaries, is a designer, importer, marketer, and distributor of infant and juvenile products.
What analysts say:
- Revenue forecasts: On average, analysts predict $71.8 million in revenue this quarter. That would represent a decline of 4.6% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.13 per share.
What our community says:
CAPS All-Stars are solidly behind the stock, with 83.3% awarding it an outperform rating. The majority of the Fools agree with the All-Stars, with 65.3% giving it an outperform rating. Kid Brands' bearish CAPS rating of two out of five stars falls short of the Fool community sentiment.
Revenue has fallen for the past three quarters. The company's gross margin shrank by 2.3 percentage points in the last quarter. Revenue fell 2.3% while cost of sales rose 0.8% to $50.9 million from a year earlier.
For all our Kid Brands-specific analysis, including earnings and beyond, add Kid Brands to My Watchlist.
The Motley Fool has a disclosure policy.We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.Earnings estimates provided by Zacks.
At the time this article was published
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.