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

Spectrum Brands Holdings

11/08/2023 14:31

* Spectrum Brands Holdings Inc  SPB.N  reported quarterly
adjusted
earnings of 75 cents​​ per share for the quarter ended in June.
The mean expectation of nine analysts for the quarter was
for earnings of 40 cents per share.
    * Revenue fell 10.1% to $735.50 million from a year ago;
analysts
expected $787.11 million. 
    * Spectrum Brands Holdings Inc's reported EPS for the
quarter was
a loss of $4.27​.
    * The mean earnings estimate of analysts had fallen by
about 39.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Spectrum Brands Holdings Inc shares had fallen by 3.8%
this
quarter and gained 23.3% so far this year.
    * The company reported a quarterly loss of $172.4 million.
    * Wall Street's median 12-month price target for Spectrum
Brands
Holdings Inc is $87.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 11 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.40           0.75           Beat
 Mar. 31 2023      -0.05          -0.14          Missed
 Dec. 31 2022      -0.30          -0.32          Missed
 Sep. 30 2022      0.57           0.48           Missed