Earnings season is winding down, with most companies already having reported their quarterly results. But there are still some companies left to report, and Krispy Kreme Doughnuts (NYSE:KKD) is about to release its quarterly earnings. The key to making smart investment decisions with stocks releasing their quarterly reports is to anticipate how they'll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise. That way, you'll be less likely to make an uninformed knee-jerk reaction to news that turns out to be exactly the wrong move.
Krispy Kreme Doughnuts (NYSE:KKD) is one of many fad stocks that seemingly faded into permanent obscurity after a big bull run in the mid-2000s. But lately, the doughnut seller has bounced back sharply. Let's take an early look at what's been happening with Krispy Kreme over the past quarter and what we're likely to see in its quarterly report on Thursday.
Stats on Krispy Kreme Doughnuts (NYSE:KKD)
|Analyst EPS Estimate||$0.12|
|Change From Year-Ago EPS||100%|
|Revenue Estimate||$115.9 million|
|Change From Year-Ago Revenue||145|
|Earnings Beats in Past 4 Quarters||3|
Will Krispy Kreme stay hot this quarter? Analysts have gotten somewhat more optimistic about Krispy Kreme Doughnuts (NYSE:KKD) in recent months, pushing up their consensus earnings estimates on the company by a penny per share for the just-ended quarter and by $0.03 per share for fiscal 2014. But the stock has absolutely exploded higher, rising by more than 60% just since early December.