Newell Brands Q3 Earnings Outlook

On Friday, Nov. 2, Newell Rubbermaid Inc. NWL will release its latest earnings report. Decipher the announcement with Benzinga's help.

Earnings and Revenue

Newell earnings will be near 65 cents per share on sales of $2.35 billion, according to analysts.

In the same quarter last year, Newell reported EPS of 86 cents on revenue of $3.68 billion. If the company were to match the consensus estimate, earnings would be down 24.42 percent. Revenue would be down 36.11 percent on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are down 0 percent. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release. Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Newell. The strength of this rating has maintained conviction over the past three months.

Conference Call

Newell's Q3 conference call is scheduled to begin at 8:30 a.m. ET and can be accessed here.