Spectrum Brands Holdings Inc expected to post earnings of 43 cents a share - Earnings Preview
06/02/2024 16:24
* Spectrum Brands Holdings Inc SPB.N SPB is expected
to show a
fall in quarterly revenue when it reports results on February 8
for the period ending December 31 2023
* The Middleton Wisconsin-based company is expected to
report a
5.5% decrease in revenue to $673.858 million from $713.3 million
a year ago, according to the mean estimate from 9 analysts,
based on LSEG data.
* LSEG's mean analyst estimate for Spectrum Brands Holdings
Inc
is for earnings of 43 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.
* Wall Street's median 12-month price target for Spectrum
Brands
Holdings Inc is $85.00, above its last closing price
of $79.54.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 1.11 1.03 1.36 Beat 31.9
Jun. 30 2023 0.43 0.40 0.75 Beat 87.5
Mar. 31 2023 -0.05 -0.05 -0.14 Missed -186.4
Dec. 31 2022 -0.37 -0.30 -0.32 Missed -7.7
Sep. 0.47 0.57 0.48 Missed -16.3
30 2022
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
This summary was machine generated February 6 at 16:24 GMT. 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)