Newell Brands Inc reports results for the quarter ended June 30 - Earnings Summary
Newell Brands Inc reports results for the quarter ended June 30 - Earnings Summary
Newell Brands Inc NWL.OQ reported quarterly adjusted earnings of 42 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 24 cents. The mean expectation of nine analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 18 cents to 25 cents per share.
Revenue rose 3% to $1.99 billion from a year ago; analysts expected $1.98 billion.
Newell Brands Inc's reported EPS for the quarter was 25 cents.
The company reported quarterly net income of $106 million.
Newell Brands Inc shares had fallen by 16.3% this quarter and gained 38.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 20% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "hold" and 1 "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 $4.75, about 17.9% below its last closing price of $5.60
This summary was machine generated from LSEG data July 31 at 11:53 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 |
Jun. 30 2026 | 0.20 | 0.42 | Beat |
Mar. 31 2026 | -0.09 | -0.05 | Beat |
Dec. 31 2025 | 0.18 | 0.18 | Met |
Sep. 30 2025 | 0.18 | 0.17 | Missed |
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Newell Brands Inc reports results for the quarter ended June 30 - Earnings Summary
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