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Forbes Earnings Preview: Mead Johnson Nutrition

This article is more than 9 years old.

Mead Johnson Nutrition reports its second-quarter earnings on Thursday, October 23, 2014, and the consensus earnings per share estimate is 91 cents per share.

The consensus estimate remains unchanged over the past month, but it has decreased from three months ago when it was 93 cents. For the fiscal year, analysts are expecting earnings of $3.71 per share. Revenue is projected to be 2% above the year-earlier total of $1.06 billion at $1.08 billion for the quarter. For the year, revenue is expected to come in at $4.42 billion.

Mead Johnson Nutrition provides pediatric nutrition and related products which help improve the health and development of infants and children around the world. Dean Foods, also in the food processing industry, will report earnings on Monday, November 10, 2014. After Dean Foods recorded a profit of 12 cents per share of a year ago, analysts are expecting earnings to swing to a loss of 13 cents per share. Other companies in the food processing industry with upcoming earnings release dates include: Lifeway Foods and Synutra International.

Earnings estimates provided by Zacks.

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