Spectrum Brands Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
06 Feb
<a href="https://laohu8.com/S/SPB">Spectrum Brands Holdings</a> Inc reports results for the quarter ended December 31 - Earnings Summary
  • Spectrum Brands Holdings Inc SPB.N reported quarterly adjusted earnings of $1.02​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 78 cents. The mean expectation of nine analysts for the quarter was for earnings of 93 cents per share. Wall Street expected results to range from 71 cents to $1.44 per share.

  • Revenue rose 1.2% to $700.20 million from a year ago; analysts expected $704.85 million.

  • Spectrum Brands Holdings Inc's reported EPS for the quarter was 84 cents​.

  • The company reported quarterly net income of $23.5 million.

  • Spectrum Brands Holdings Inc shares had fallen by 1.9% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 0.7% in the last three months.​

  • In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

  • 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 average consensus recommendation for the appliances, tools & housewares peer group is also "buy"

Wall Street's median 12-month price target for Spectrum Brands Holdings Inc is $107.50

This summary was machine generated from LSEG data February 6 at 02:31 p.m. UTC. ​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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.93

1.02

Beat

Sep. 30 2024

1.07

0.97

Missed

Jun. 30 2024

1.21

1.10

Missed

Mar. 31 2024

0.62

1.62

Beat

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