Spectrum Brands Holdings Inc expected to post a loss of 30 cents a share - Earnings Preview

Spectrum Brands Holdings

08/02/2023 15:20

* Spectrum Brands Holdings Inc  SPB.N   SPB  is expected
to show a
fall in quarterly revenue when it reports  results on February
10. 
    * The Middleton Wisconsin-based  company is expected to
report  a
0.9% decrease in revenue to $750.575 million from $757.2 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Spectrum Brands
Holdings
Inc is for a loss of 30 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Spectrum
Brands
Holdings Inc is $70​, above​ its last closing price of $66.03.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.47        0.57       0.48      Missed  -16.3
 Jun. 30 2022  1.30        1.42       0.54      Missed  -62.1
 Mar. 31 2022  0.41        0.42       0.41      Missed  -1.4​
 Dec. 31 2021  0.18        0.17       -0.06     Missed  -134.5
 ​​Sep.        0.42        0.57       0.38      Missed  -33.5
 30 2021                                                
 Jun. 30 2021  1.63        1.57       1.57      Met     0.2​
 Mar. 31 2021  0.99        1.00       1.76      Beat    76
 Dec. 31 2020  0.68        0.77       2.13      Beat    178.4
 This summary was machine generated February 8 at 15:20 GMT.  All
figures in US dollars  unless otherwise stated