Dean Foods First Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Dean Foods Company (NYSE:DF) will unveil its latest earnings on Wednesday, May 9, 2012. 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 net income of 21 cents per share, a rise of 50% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 19 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 21 cents during the last month. For the year, analysts are projecting profit of 93 cents per share, a rise of 20.8% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 4 cents, reporting net income of 27 cents per share against a mean estimate of profit of 23 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $3.11 billion in revenue this quarter, a rise of 2% from the year-ago quarter. Analysts are forecasting total revenue of $12.87 billion for the year, a decline of 1.5% from last year’s revenue of $13.06 billion.

Analyst Ratings: Analysts seem relatively indifferent about Dean Foods Company with six of 10 analysts surveyed maintaining a hold rating.

A Look Back: In the fourth quarter of the last fiscal year, the company’s loss narrowed to a loss of $9.9 million (5 cents a share) from a loss of $20.7 million (11 cents) a year earlier, beating analyst expectations. Revenue rose 4.5% to $3.3 billion from $3.15 billion.

Key Stats:

On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 2.6% in the first quarter of the last fiscal year, 11.6% in the second quarter of the last fiscal year and 11.7% in the third quarter of the last fiscal year before increasing again in the fourth quarter of the last fiscal year of the last fiscal year.

Stock Price Performance: Between February 7, 2012 and May 3, 2012, the stock price rose $1.62 (15.2%), from $10.64 to $12.26. 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, increasing 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, dropping 31.3% (-$3.82) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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