Spectrum Brands Holdings Inc reports results for the quarter ended in June - Earnings Summary

Spectrum Brands Holdings

12/08/2022 14:30

* Spectrum Brands Holdings Inc  SPB.N  reported quarterly
adjusted
earnings of 54 cents​​ per share for the quarter ended in June.
The mean expectation of eight analysts for the quarter was
for earnings of $1.42 per share.
    * Revenue fell 29.7% to $818.00 million from a year ago;
analysts
expected $917.88 million. 
    * Spectrum Brands Holdings Inc's reported EPS for the
quarter was
80 cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.1%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Spectrum Brands Holdings Inc shares had fallen by 14.0%
this
quarter and lost 30.7% so far this year.
    * The company reported quarterly net income of $32.7
million.
    * Wall Street's median 12-month price target for Spectrum
Brands
Holdings Inc is $109.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 12
at 01:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.42           0.54           Missed
 Mar. 31 2022      0.42           0.41           Missed
 Dec. 31 2021      0.17           -0.06          Missed
 Sep. 30 2021      0.57           0.38           Missed