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SPB Spectrum Brands Holdings News Story

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Spectrum Brands up after Q4 profit beats estimates

** Shares of consumer goods firm Spectrum Brands SPB.N up 10.24% at $58.90 after Q4 profit beats estimates

** Co posts Q4 profit of $2.61/share, beating analyst est. of 91 cents/share

** However, co reports Q4 revenue of $733.5 mln, missing analyst estimate of $743.9 mln, hurt by supply shortages and softness in pet care and personal care categories

** Co halted all China imports earlier in year amid trade policy uncertainty, impacting Q4 supply

** CEO David Maura says co "reduced risk significantly" and "protected our long-term financial health" by halting China imports

** Six out of 10 analysts rate stock "buy" or higher, four rate it "hold"; median PT at $76.50 - data compiled by LSEG

** SPB stock down 36.99% YTD, as of last close

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))

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