Maidenform Brands First Quarter Earnings Sneak Peek

Maidenform Brands, Inc. (NYSE:MFB) will unveil its latest earnings on Wednesday, May 9, 2012. Maidenform Brands is a global intimate apparel company.

Maidenform Brands, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 24 cents per share, a decline of 61.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 41 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 24 cents during the last month. Analysts are projecting profit to rise by 4.6% versus last year to $1.81.

Past Earnings Performance: The company is looking to break the streak of missing estimates in the past two quarters. Last quarter, it fell short of analyst expectations by reporting 0 cents per share against an estimate of net income of one cent per share. The quarter before that, it missed forecasts by 11 cents.

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Wall St. Revenue Expectations: Analysts predict a decline of 6% in revenue from the year-earlier quarter to $153.8 million.

Analyst Ratings: Analysts seem relatively indifferent about Maidenform Brands with three of five analysts surveyed maintaining a hold rating.

A Look Back: In the fourth quarter of the last fiscal year, the company swung to a loss of $3.1 million (13 cents a share) from a profit of $6.7 million (29 cents) a year earlier, missing analyst expectations. Revenue rose 5% to $124.5 million from $118.6 million.

Key Stats:

On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 14.4% in the first quarter of the last fiscal year, 13.8% in the second quarter of the last fiscal year and 1.7% 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 March 7, 2012 and May 3, 2012, the stock price had risen $1.57 (7.4%), from $21.08 to $22.65. The stock price saw one of its best stretches over the last year between January 17, 2012 and January 30, 2012, when shares rose for 10 straight days, increasing 11.1% (+$2) over that span. It saw one of its worst periods between May 27, 2011 and June 9, 2011 when shares fell for nine straight days, dropping 14.5% (-$4.37) over that span.

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

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