* Newell Brands Inc NWL.OQ reported quarterly adjusted
earnings
of 16 cents per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of 22 cents. The mean expectation of twelve analysts for the
quarter was for earnings of 14 cents per share. Wall Street
expected results to range from 13 cents to 18 cents per share.
* Revenue fell 6.1% to $1.95 billion from a year ago;
analysts
expected $1.96 billion.
* Newell Brands Inc's reported EPS for the quarter was a
loss
of 13 cents.
* The company reported a quarterly loss of $54 million.
* Newell Brands Inc shares had fallen by 2.7% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.
* In the last 30 days, one analyst negatively revised an
earnings
estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the appliances,
tools &
housewares peer group is also "hold"
Wall Street's median 12-month price target for Newell Brands Inc
is $10.75
This summary was machine generated from LSEG data February 7 at
02:31 p.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2024 0.14 0.16 Beat
Sep. 30 2024 0.16 0.16 Met
Jun. 30 2024 0.21 0.36 Beat
Mar. 31 2024 -0.07 0.00 Beat