Spectrum Brands Holdings Inc expected to post a loss of 4 cents a share - Earnings Preview

Spectrum Brands Holdings

10/05/2023 13:34

* Spectrum Brands Holdings Inc  SPB.N   SPB  is expected
to show a
fall in quarterly revenue when it reports  results on May 12. 
    * The Middleton Wisconsin-based  company is expected to
report  a
6.0% decrease in revenue to $759.29 million from $807.8 million
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Spectrum Brands
Holdings
Inc is for a loss of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"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 $82​, above​ its last closing price of $72.00.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.37       -0.30      -0.32     Missed  -7.7
 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.        0.18        0.17       -0.06     Missed  -134.5
 31 2021                                                
 Sep. 30 2021  0.42        0.57       0.38      Missed  -33.5​
 Jun. 30 2021  1.63        1.57       1.57      Met     0.2
 Mar. 31 2021  0.99        1.00       1.76      Beat    76
 This summary was machine generated May 10 at 12:34 GMT.  All
figures in US dollars  unless otherwise stated