Owens & Minor Inc. Fourth Quarter Earnings Sneak Peek

Owens & Minor, Inc. (NYSE:OMI) will unveil its latest earnings on Monday, February 6, 2012. Owens & Minor is a distributor of medical and surgical supplies to the acute-care market and a healthcare supply-chain management company.

Owens & Minor, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 45 cents per share, a decline of 15.1% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 44 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 45 cents during the last month. For the year, analysts are projecting net income of $1.89 per share, a decline of 2.6% from last year.

Past Earnings Performance: Last quarter, the company topped expectations by 2 cents, coming in at profit of 53 cents per share versus a mean estimate of net income of 51 cents per share. This followed two straight quarters of missing estimates.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 5.3% in revenue from the year-earlier quarter to $2.18 billion.

Analyst Ratings: Analysts seem relatively indifferent about Owens & Minor with six of nine analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, profit rose 5.9% to $33.4 million (53 cents a share) from $31.5 million (50 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 5.5% to $2.18 billion from $2.06 billion.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 5.5% in the second quarter from the year earlier, climbed 7.8% in the first quarter from the year-ago quarter and 1.5% in the fourth quarter of the last fiscal year.

The increase in profit in the third quarter came after net income fell in the previous quarter. In the second quarter, net income fell 1%.

Stock Price Performance: During December 30, 2011 to January 31, 2012, the stock price had risen $2.62 (9.4%) from $27.79 to $30.41. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine-straight days, rising 7.4% (+$2.42) over that span. It saw one of its worst periods between November 11, 2011 and November 25, 2011 when shares fell for 10-straight days, falling 9.2% (-$2.83) over that span.

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

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com