On Friday, July 31, Newell Brands NWL will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
Analysts covering Newell Brands modeled for quarterly EPS of $0.18 on revenue of $2.03 billion. In the same quarter last year, Newell Brands reported earnings per share of $0.45 on revenue of $2.12 billion. If the company were to match the consensus estimate when it reports Friday, EPS would have fallen 60.0%. Revenue would be down 6.28% from the year-ago period. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.05 | 0.39 | 0.56 | 0.36 |
| EPS Actual | 0.09 | 0.42 | 0.73 | 0.45 |
| Revenue Estimate | 1.91 B | 2.58 B | 2.44 B | 2.12 B |
| Revenue Actual | 1.89 B | 2.62 B | 2.45 B | 2.12 B |
Stock Performance
Over the last 52-week period, shares are up 15.25%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Newell Brands is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/wm2yj3yi
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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