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

Spectrum Brands Holdings

12/05/2023 14:32

* Spectrum Brands Holdings Inc  SPB.N  reported a quarterly
adjusted loss of 14 cents​​ per share for the quarter ended in
March. The mean expectation of nine analysts for the quarter was
for a loss of 5 cents per share.
    * Revenue fell 9.7% to $729.20 million from a year ago;
analysts
expected $759.29 million. 
    * Spectrum Brands Holdings Inc's reported EPS for the
quarter was
a loss of $1.31​.
    * The mean earnings estimate of analysts had fallen by
about 110.4% in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Spectrum Brands Holdings Inc shares had risen by 7.7% this
quarter and gained 17.1% so far this year.
    * The company reported a quarterly loss of $53.7 million.
    * Wall Street's median 12-month price target for Spectrum
Brands
Holdings Inc is $82.00 
    * 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 May
12 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.05          -0.14          Missed
 Dec. 31 2022      -0.30          -0.32          Missed
 Sep. 30 2022      0.57           0.48           Missed
 Jun. 30 2022      1.42           0.54           Missed