Jarden Earnings: Here’s Why the Stock is Rising Now

Jarden Corp. (NYSE:JAH) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are up 0.18%.

Jarden Corp. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 15.79% to $0.88 in the quarter versus EPS of $0.76 in the year-earlier quarter.

Revenue: Rose 4.97% to $1.76 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Jarden Corp. reported adjusted EPS income of $0.88 per share. By that measure, the company beat the mean analyst estimate of $0.87. It missed the average revenue estimate of $1.76 billion.

Quoting Management: James E. Lillie, Chief Executive Officer, commented, “I am pleased that the diversity of our businesses allowed us to deliver another strong quarter while navigating volatile weather conditions that impacted sales and reorders on certain higher margin categories. While we remain focused on delivering our 2013 financial goals, we are also working towards our next three to five year plan to continue to drive shareholder value. This past week our senior management teams from around the world attended our annual long range strategic planning meeting. Our businesses are focused on growth, innovation, margin and working capital improvements while investing in processes, people and products to help ensure our continued long-term success.”

Key Stats (on next page)…

Revenue increased 11.27% from $1.58 billion in the previous quarter. EPS increased 193.33% from $0.30 in the previous quarter.

Looking Forward: 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 $1.08 to a profit $1.07. For the current year, the average estimate has moved up from a profit of $3.26 to a profit of $3.27 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

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