Business in the Burbs

Jarden expects 2Q earnings to meet or beat analyst estimates

July

Shares of Jarden Corp. rallied yesterday after the Rye-based consumer products company said that it expects to meet or exceed analyst estimates for earnings during the second quarter.

Jarden, which markets Coleman camping equipment, Mr. Coffee brewers and Bicycle playing cards, also expects the quarterly revenues to be in line with or slightly exceed analyst estimates, according to a company regulatory filing. Jarden is expected to release a full earnings report on Wednesday. Jarden’s stock rose 44 cents to $21.44 today.

This entry was posted on Monday, July 20th, 2009 at 3:48 pm by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Earnings forecast

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