Newell Rubbermaid Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Newell Rubbermaid (NYSE:NWL) will unveil its latest earnings tomorrow, Friday, February 1, 2013.  Newell Rubbermaid markets consumer and commercial products, including housewares, hardware, and home furnishings.

Newell Rubbermaid Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for net income of 42 cents per share, a rise of 5% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 43 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 42 cents during the last month. Analysts are projecting profit to rise by 6.3% versus last year to $1.69.

Past Earnings Performance: Last quarter, the company beat estimates by 3 cents, coming in at profit of 47 cents a share versus the estimate of net income of 44 cents a share. It marked the fourth straight quarter of beating estimates.

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A Look Back: In the third quarter, the company swung to a profit of $108.3 million (37 cents a share) from a loss of $177.6 million (61 cents) a year earlier, beating analyst estimates. Revenue fell 0.9% to $1.54 billion from $1.55 billion.

Here’s how Newell Rubbermaid traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week:

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Stock Price Performance: Between October 30, 2012 and January 28, 2013, the stock price rose $2.40 (11.7%), from $20.59 to $22.99. The stock price saw one of its best stretches over the last year between August 27, 2012 and September 7, 2012, when shares rose for nine straight days, increasing 8.5% (+$1.47) over that span. It saw one of its worst periods between June 18, 2012 and June 27, 2012 when shares fell for eight straight days, dropping 6.3% (-$1.17) over that span.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 1.13 last quarter. The current ratio is an indication of a firm’s liquidity and ability to meet creditor demands and generally, for every dollar the company owes in the short term, it has that figure available in assets that can be converted to cash in the short term.

Key Stats:

On the top line, the company is hoping to use this earnings announcement to snap a string of two-straight quarters of revenue declines. Revenue fell 3.6% in the second quarter and dropped again in the third quarter.

Analyst Ratings: With nine analysts rating the stock a buy, none rating it a sell and two rating the stock a hold, there are indications of a bullish stance by analysts.

Wall St. Revenue Expectations: Analysts predict a rise of 1.3% in revenue from the year-earlier quarter to $1.52 billion.

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