Newell Brands Earnings Preview
Portfolio Pulse from Benzinga Insights
Newell Brands (NASDAQ:NWL) is expected to report an EPS of $0.17 in its upcoming quarterly earnings on February 9, 2024. Historical data shows mixed reactions to past earnings, with the last quarter beating estimates but resulting in a 0.0% share price change. Over the last year, NWL shares have declined by 46.45%, indicating a bearish sentiment among long-term shareholders. Investors will be keen on both the earnings outcome and the company's future guidance.
February 08, 2024 | 2:01 pm
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Newell Brands is anticipated to report a Q4 EPS of $0.17. Historical earnings performance has been mixed, with a significant yearly share price decline of 46.45%. Investors are focused on the earnings outcome and future guidance.
Given the mixed historical earnings performance and the significant decline in share price over the past year, the short-term impact on NWL's stock price is uncertain. The company's future guidance will likely play a critical role in investor sentiment and stock movement post-earnings announcement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100