Mead Johnson Nutrition (MJN) reports its first quarter earnings on Thursday, April 25, 2013.

FORBES: Earnings Preview: Mead Johnson Nutrition

Analysts are split on Mead Johnson, but five of 10 analysts rate it hold.

FORBES: Earnings Preview: Mead Johnson Nutrition

In Thursday trading, Mead Johnson Nutrition Co shares are currently up about 0.2% on the day.

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Mead Johnson Nutrition Co is trading up about 2.6% on the day Thursday.

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Zoetis and Mead Johnson part of a growing trend of large companies splitting off complementary businesses that can stand on their own two feet.

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The majority of analysts (53.8%) rate Mead Johnson as a buy.

FORBES: Earnings Preview: Mead Johnson Nutrition

Analysts are expecting Mead Johnson to report earnings of 86 cents per share, up 4.9% from a year ago when it reported earnings of 82 cents per share.

FORBES: Earnings Preview: Mead Johnson Nutrition

Analysts are projecting Mead Johnson to come in with earnings of 72 cents per share, 7.7% less than a year ago when it reported earnings of 78 cents per share.

FORBES: Earnings Preview: Mead Johnson Nutrition

Mead Johnson's shares have more than tripled since.

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Among the largest underlying components of PBJ, in trading today Dominos Pizza Incorporated ( NYSE: DPZ) is up about 0.4%, Mead Johnson Nutrition Company ( NYSE: MJN) is up about 2.6%, and Kroger Company ( NYSE: KR) is lower by about 0.1%.

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Among the largest underlying components of PBJ, in trading today Dominos Pizza Inc. ( NYSE: DPZ) is up about 1.8%, Archer Daniels Midland Co. ( NYSE: ADM) is up about 2.1%, and Mead Johnson Nutrition Co ( NYSE: MJN) is up by about 1.7%.

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