Market Overview

Spectrum Brands Holdings: Q1 Earnings Insights

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Shares of Spectrum Brands Holdings (NYSE:SPB) decreased 2.0% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share increased 965.00% over the past year to $2.13, which beat the estimate of $0.76.

Revenue of $1,145,000,000 rose by 31.38% year over year, which beat the estimate of $1,010,000,000.

Outlook

Spectrum Brands sees FY21 adjusted free cash flow of $250 million-$270 million.

Details Of The Call

Date: Feb 05, 2021

Time: 08:30 AM

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

Technicals

52-week high: $84.80

52-week low: $19.59

Price action over last quarter: Up 21.92%

Company Description

Spectrum Brands Holdings Inc is a consumer product company. The company is a supplier of consumer batteries, residential locksets, residential builders' hardware, plumbing, shaving and grooming products, and personal care products. The company manages the businesses in product-focused segments; Hardware & Home Improvement, Home and Personal Care, Global Pet Supplies, and Home and Garden. It offers brands including Varta, Kwikset, Weiser, Baldwin, National Hardware, Pfister, Remington, George Foreman, and Russell Hobbs.

 

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Posted-In: BZI-RecapsEarnings News

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