Dean Foods Company Third Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Dean Foods Company (NYSE:DF) will unveil its latest earnings on Wednesday, November 9, 2011. Dean Foods is a food and beverage company in the United States offering dairy and frozen food products.

Dean Foods Company Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 15 cents per share, a rise of 15.4% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 13.8% versus last year to 69 cents.

Past Earnings Performance: The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked net income of 18 cents per share versus a mean estimate of profit of 17 cents per share.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 8.9% in revenue from the year-earlier quarter to $3.32 billion.

Analyst Ratings: Analysts seem relatively indifferent about Dean Foods Company with nine of 12 analysts surveyed maintaining a hold rating.

A Look Back: In the second quarter, the company swung to a loss of $50.5 million (28 cents a share) from a profit of $44.8 million (25 cents) a year earlier, but beat analyst expectations. Revenue rose 11.6% to $3.3 billion from $2.95 billion.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 2.6% in the first quarter from the year earlier, climbed 5.1% in the fourth quarter of the last fiscal year from the year-ago quarter and 10.1% in the third quarter of the last fiscal year.

Competitors to Watch: Lifeway Foods, Inc. (NASDAQ:LWAY), Tofutti Brands Inc. (AMEX:TOF), Synutra Intl., Inc. (NASDAQ:SYUT), Smart Balance, Inc. (NASDAQ:SMBL), Mead Johnson Nutrition CO (NYSE:MJN), Wimm-Bill-Dann Foods OJSC (NYSE:WBD), Pepsi (NYSE:PEP), Coca-Cola (NYSE:KO), Kraft (NYSE:KFT), Kellogg (NYSE:K), ConAgra (NYSE:CAG) and The Hain Celestial Group, Inc. (NASDAQ:HAIN).

Stock Price Performance: During September 8, 2011 to November 3, 2011, the stock price had risen $1.75 (21.1%) from $8.31 to $10.06. The stock price saw one of its best stretches over the last year between October 3, 2011 and October 12, 2011 when shares rose for eight-straight days, rising 18.1% (+$1.50) over that span. It saw one of its worst periods between July 22, 2011 and August 8, 2011 when shares fell for 12-straight days, falling 31.3% (-$3.82) over that span. Shares are up $1.22 (+13.8%) year to date.

(Source: Xignite Financials)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.