ACCO Brands: Q1 Earnings Insights

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ACCO Brands ACCO reported its Q1 earnings results on Thursday, May 4, 2023 at 04:15 PM.

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

Earnings

ACCO Brands beat estimated earnings by 80.0%, reporting an EPS of $0.09 versus an estimate of $0.05.

Revenue was down $39.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 4.94% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.33 0.22 0.42 0.09
EPS Actual 0.32 0.25 0.37 0.11
Revenue Estimate 505.62M 484.59M 538.57M 420.27M
Revenue Actual 499.40M 485.60M 521.00M 441.60M

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.

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