Spectrum Brands Holdings Inc expected to post earnings of 62 cents a share - Earnings Preview

Spectrum Brands Holdings

07/05/2024 16:57

* Spectrum Brands Holdings Inc  SPB.N   SPB  is expected
to show a
fall in quarterly revenue when it reports  results on May 9 for
the period ending March 31 2024
    * The Middleton Wisconsin-based  company is expected to
report a
3.0% decrease in revenue to $707.518 million from $729.2 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Spectrum Brands Holdings
Inc
is for earnings of 62 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"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 $93.00​, above​ its last closing price
of $85.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.44        0.43       0.78      Beat    81.9
 Sep. 30 0001  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.        -0.37       -0.30      -0.32     Missed  -7.7
 31 2022                                                
 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
 This summary was machine generated May 7 at 15:57 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)