Earnings Preview: Spectrum Brands Holdings

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Spectrum Brands Holdings SPB is set to give its latest quarterly earnings report on Friday, 2022-11-18. Here's what investors need to know before the announcement.

Analysts estimate that Spectrum Brands Holdings will report an earnings per share (EPS) of $0.57.

Spectrum Brands Holdings bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

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).

Historical Earnings Performance

Last quarter the company missed EPS by $0.88, which was followed by a 0.0% drop in the share price the next day.

Here's a look at Spectrum Brands Holdings's past performance and the resulting price change:

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 1.42 0.42 0.17 0.57
EPS Actual 0.54 0.41 -0.06 1.11
Price Change % -0.91% 3.92% 0.15% 9.2%

Stock Performance

Shares of Spectrum Brands Holdings were trading at $49.99 as of November 15. Over the last 52-week period, shares are down 52.43%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

To track all earnings releases for Spectrum Brands Holdings visit their earnings calendar on our site.

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

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