ACCO Brands (NYSE:ACCO) reported its Q2 earnings results on Monday, August 8, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

ACCO Brands missed estimated earnings by 11.9%, reporting an EPS of $0.37 versus an estimate of $0.42.

Revenue was up $3.20 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 2.62% drop in the share price the next day.

Here's a look at ACCO Brands's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

ACCO Brands management provided guidance for FY 2022, expecting earnings between $1.39 and $1.44 per share.

To track all earnings releases for ACCO Brands visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.