Jarden (JAH) Sees Q4 Sales Topping Views

January 16, 2013 9:20 AM EST
While the audit of Jarden’s (NYSE: JAH) 2012 results will not be completed until earnings are fully announced, the Company expects to report net sales between $1,810 million and $1,830 million for the fourth quarter of 2012.

The Company expects that organic net sales growth for the fourth quarter of 2012 will be in line with the Company’s previously stated long-term average target range of 3-5%.

Additionally, the Company expects to report that it ended the 2012 fiscal year with more than $1 billion of cash on the balance sheet. The Company intends to provide final numbers and additional insight and analysis of its fourth quarter and full year performance on the Company’s year-end conference call, currently scheduled for February 14 at 8:45 am (Eastern Time).

*** The Street sees Q4 sales of $1.80 billion.

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