Maidenform Brands Inc. Second Quarter Earnings Sneak Peek

Maidenform Brands, Inc. (NASDAQ:MFB) will unveil its latest earnings on Wednesday, August 10, 2011. Maidenform Brands, Inc. is a global intimate apparel Company with a portfolio of established and well-known brands, top-selling products and an iconic heritage. It designs, sources and markets intimate apparel products.

Maidenform Brands, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 63 cents per share, a rise of 6.8% 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 64 cents. Between one and three months ago, the average estimate moved down, but it has been unchanged at 63 cents during the last month. For the year, analysts are projecting profit of $2.15 per share, a rise of 10.8% 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 6 cents, reporting net income of 62 cents per share against a mean estimate of profit of 56 cents per share.

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock >>

Wall St. Revenue Expectations: On average, analysts predict $165.5 million in revenue this quarter, a rise of 10.8% from the year ago quarter. Analysts are forecasting total revenue of $610.4 million for the year, a rise of 9.6% from last year’s revenue of $556.7 million.

Analyst Ratings: Analysts are bullish on Maidenform Brands as two analysts rate it as a buy, none rate it as a sell and two rate it as a hold. Over the past 90 days, the average rating for the stock has moved up from hold to moderate buy.

Key Stats:

Revenue has risen the past four quarters. Revenue increased 14.4% to $163.6 million in first quarter. The figure rose 8.7% in the fourth quarter of the last fiscal year from the year earlier, climbed 13.3% in the third quarter of the last fiscal year from the year-ago quarter and 30.8% in the second quarter of the last fiscal year.

The increase in profit in the first quarter breaks a streak of two consecutive quarters of year-over-year profit decreases. In the first quarter, net income rose 19.9%, while the figure dropped 12.5% in the fourth quarter of the last fiscal year and 20.3% in the third quarter of the last fiscal year.

Competitors to Watch: Hanesbrands Inc. (NYSE:HBI), Polo Ralph Lauren Corp. (NYSE:RL), Wacoal Hldgs. Corp. (NASDAQ:WACLY), The Warnaco Group, Inc. (NYSE:WRC), and Phillips-Van Heusen Corp. (NYSE:PVH).

Stock Price Performance: During May 10, 2011 to August 4, 2011, the stock price had fallen $7.07 (-22.6%) from $31.23 to $24.16. The stock price saw one of its best stretches over the last year between December 31, 2010 and January 18, 2011 when shares rose for 12-straight days, rising 14% (+$3.32) 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, falling 14.5% (-$4.37) over that span. Shares are up 39 cents (+1.6%) year to date.

(Source: Xignite Financials)

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock >>