Amit Chokshi, CFA
Hedge fund manager, long/short equity, bonds

Quality Of Earnings Issue At Jarden Corp.

Jarden (JAH or the Company) stock has been a strong performer in 2012 with the stock nearly doubling since the start of the year. Despite the strong share performance, JAH's overall fundamentals have been rather unimpressive, and although the stock is down about 10% from its all-time highs, I expect that the stock could decline further in the coming quarters given what appears to be optimistic Q4 2012 earnings expectations.

EXHIBIT I: JAH SUMMARY STOCK INFORMATION

(click to enlarge)

JAH is a consumer products company, operating four divisions: Outdoor Solutions (OS), Consumer Solutions (CS), Branded Consumables (BC), and Process Solutions (PS). The OS segment manufactures outdoor and active lifestyle products such as camping gear...

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