Elizabeth Arden Earnings Preview: Get Ahead of the Analysts

Elizabeth Arden (NASDAQ:RDEN) will report earnings before markets open on Thursday, May 2nd. Elizabeth Arden, Inc. manufactures, distributes, and markets prestige fragrances and related skin treatment and cosmetic products for men and women. The Company’s fragrance brands include Red Door, White Diamonds, Grey Flannel, Halston, Guerlain, and Nautica. Elizabeth Arden’s skin care brands include Ceramides, Visible Difference, and Millenium.

Here is your Cheat Sheet to Elizabeth Arden Earnings:

Earnings Expectations: Analysts expect earnings of $0.02 per share on revenues of $261.60 million. Currently, the company’s P/E ratio stands at 23.99.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.4 to a profit $0.37. For the current year, the average estimate is a profit of $2.41, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Elizabeth Arden has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,141 1,070 1,104 1,176 1,238
Diluted EPS ($) 0.68 -0.22 0.68 1.41 1.91

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 429.93 239.28 265.53 344.54 467.92
Diluted EPS ($) 1.42 0.07 0.1190 0.07 1.47

Past Performance:
Elizabeth Arden has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)