Recap: Newell Brands Q3 Earnings

Recap: Newell Brands Q3 Earnings

Newell Brands NWL reported its Q3 earnings results on Friday, October 28, 2022 at 07:00 AM.

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

Earnings

Newell Brands beat estimated earnings by 15.22%, reporting an EPS of $0.53 versus an estimate of $0.46.

Revenue was down $535.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1 which was followed by a 2.32% drop in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.47 0.27 0.32 0.50
EPS Actual 0.57 0.36 0.42 0.54
Revenue Estimate 2.56B 2.28B 2.65B 2.78B
Revenue Actual 2.53B 2.39B 2.81B 2.79B

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

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

Posted In: BZI-RecapsEarnings