Krispy Kreme Doughnuts Inc. Third Quarter Earnings Sneak Peek

Krispy Kreme Doughnuts Inc. (NYSE:KKD) will unveil its latest earnings on Wednesday, November 30, 2011. Krispy Kreme Doughnuts and its subsidiaries are engaged in the sale of doughnuts and related items through company-owned stores.

Krispy Kreme Doughnuts Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 6 cents per share, a rise of twofold 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 166.7% versus last year to 32 cents.

Past Earnings Performance: Last quarter, the company met expectations by reporting net income of 6 cents per share last quarter. In the previous first quarter, the company beat estimates by 4 cents.

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

Wall St. Revenue Expectations: On average, analysts predict $99.3 million in revenue this quarter, a rise of 10.9% from the year ago quarter. Analysts are forecasting total revenue of $401.1 million for the year, a rise of 10.8% from last year’s revenue of $362 million.

Analyst Ratings: Analysts are bullish on Krispy Kreme Doughnuts as three analysts rate it as a buy, none rate it as a sell and three rate it as a hold.

A Look Back: In the second quarter, profit rose more than fourfold to $8.8 million (12 cents a share) from $2.2 million (3 cents a share) the year earlier, meeting analyst expectations. Revenue rose 11.4% to $98 million from $87.9 million.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 13.6% in the first quarter from the year earlier, climbed 5.7% in the fourth quarter of the last fiscal year from the year-ago quarter and 7.9% in the third quarter of the last fiscal year.

Competitors to Watch: Retail Food Group Limited (NYSE:RFG), Jamba, Inc. (NASDAQ:JMBA), Peet’s Coffee & Tea, Inc. (NASDAQ:PEET), Starbucks Corporation (NASDAQ:SBUX), Tim Hortons (NYSE:THI), Wendy’s (NYSE:WEN), McDonald’s (NYSE:MCD) and Panera Bread Company (NASDAQ:PNRA).

Stock Price Performance: During August 30, 2011 to November 23, 2011, the stock price had fallen $2.88 (-31.1%) from $9.27 to $6.39. The stock price saw one of its best stretches over the last year between January 28, 2011 and February 8, 2011 when shares rose for eight-straight days, rising 15.6% (+$1) over that span. It saw one of its worst periods between September 15, 2011 and September 22, 2011 when shares fell for six-straight days, falling 14% (-$1.16) over that span. Shares are down 59 cents (-8.5%) year to date.

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

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