Summer Infant: Here’s What Investors Need to Know Before Earnings
Summer Infant (NASDAQ:SUMR) will report earnings after markets close on Wednesday, August 14th. Summer Infant, Inc. designs, markets, and distributes branded infant health, safety, and wellness products. The Company’s products include nursery audio/video monitors, safety gates, durable bath products, bed rails, infant thermometers and related health and safety products, boosters and potty seats, and bouncers.
Here is your Cheat Sheet to Summer Infant Earnings:
Earnings Expectations: Analysts expect earnings of $0.03 per share on revenues of $58.88 million.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.07 to a profit $0.06. For the current year, the average estimate is a profit of $0.18, which is better than the estimate ninety days ago.
Here’s how Summer Infant has been performing on an annual basis:
|Revenue ($) in millions||132||153||194||238||247|
|Diluted EPS ($)||0.33||0.36||0.40||0.21||-3.68|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||61.73||63.98||58.51||59.12|
|Diluted EPS ($)||-0.02||-3.65||-0.09||0.02|
Summer Infant has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)