Newell Brands: Q1 Earnings Insights

Shares of Newell Brands NWL rose 0.7% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share decreased 25.00% year over year to $0.09, which beat the estimate of $0.05.

Revenue of $1,886,000,000 rose by 10.16% from the same period last year, which missed the estimate of $1,910,000,000.

Guidance

Newell Brands hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: May 01, 2020

Time: 12:00 PM ET

Webcast URL: https://edge.media-server.com/mmc/p/xityw2xa

Technicals

Company's 52-week high was at $20.99

52-week low: $10.44

Price action over last quarter: down 30.57%

Company Profile

Newell Brands Inc is an American global consumer goods company. The business activities of the group are functioned through four segments namely, Appliances and Cookware, Food and Commercial, Home and Outdoor Living and Learning and Development. Appliances and Cookware segment generates most of the revenue for the firm which caters club, department store, drug/grocery, home centers, mass merchant, specialty retailers, distributors and e-commerce companies.