Earnings Outlook For ACCO Brands
Portfolio Pulse from Benzinga Insights
ACCO Brands (NYSE:ACCO) is scheduled to release its quarterly earnings report on February 22, 2024, with analysts expecting an EPS of $0.33. Investors are hopeful for a beat on this estimate and positive guidance for future growth. ACCO's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat followed by a 2.51% drop. Over the last year, ACCO shares have risen by 13.67%, indicating a generally positive outlook among long-term shareholders.
February 21, 2024 | 3:01 pm
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ACCO Brands is expected to report an EPS of $0.33 for the latest quarter, with investors looking for positive future guidance. The stock has seen a 13.67% increase over the past year.
Given ACCO Brands' history of mixed reactions to earnings reports and the anticipation of positive guidance, there is a cautiously optimistic outlook for the stock in the short term. The past year's positive performance suggests a bullish sentiment among long-term investors, which could be further bolstered by a strong earnings report and future guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100