Newell Brands: Q4 Earnings Insights

Shares of Newell Brands NWL moved higher by 1.5% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 33.33% over the past year to $0.56, which beat the estimate of $0.48.

Revenue of $2,689,000,000 up by 2.48% from the same period last year, which beat the estimate of $2,630,000,000.

Guidance

Q1 EPS expected to be between $0.12 and $0.14.

Q1 revenue expected between $2,040,000,000 and $2,080,000,000.

Conference Call Details

Date: Feb 12, 2021

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/g6pue7om

Recent Stock Performance

Company's 52-week high was at $26.89

52-week low: $10.44

Price action over last quarter: Up 39.82%

Company Overview

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.

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Posted In: EarningsBZI-Recaps
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