Prestige Brands Holdings Inc. Third Quarter Earnings Sneak Peek

Prestige Brands Holdings, Inc. (NYSE:PBH) will unveil its latest earnings on Thursday, February 9, 2012. Prestige Brands sells well-recognized, brand name over-the-counter healthcare, household cleaning, and personal care products in a global marketplace.

Prestige Brands Holdings, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 24 cents per share, a rise of 20% 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. For the year, analysts are projecting profit of 96 cents per share, a rise of 21.5% from last year.

Past Earnings Performance: The company has met estimates the last three quarters. Last quarter, the company reported net income of 26 cents per share to fall in step with the mean estimate.

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Wall St. Revenue Expectations: On average, analysts predict $103.8 million in revenue this quarter, a rise of 14.6% from the year ago quarter. Analysts are forecasting total revenue of $418.7 million for the year, a rise of 24.4% from last year’s revenue of $336.5 million.

Analyst Ratings: Analysts are bullish on Prestige Brands Holdings as two analysts rate it as a buy, one rates it as a sell and three rate it as a hold.

A Look Back: In the second quarter, profit rose 17.5% to $12.9 million (26 cents a share) from $11 million (22 cents a share) the year earlier, meeting analyst expectations. Revenue rose 34.8% to $105.5 million from $78.3 million.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 29.9%, with the biggest boost coming in the fourth quarter of the last fiscal year when revenue rose 35% from the year earlier quarter.

The company has seen net income rise in three straight quarters. Net income rose 53.8% in the first quarter and 95.1% in the fourth quarter of the last fiscal year.

Stock Price Performance: During December 6, 2011 to February 3, 2012, the stock price had risen $3.85 (40.1%) from $9.59 to $13.44. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 1, 2011 when shares rose for six-straight days, rising 9% (+$1.08) over that span. It saw one of its worst periods between July 22, 2011 and August 8, 2011 when shares fell for 12-straight days, falling 29.7% (-$3.97) 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