Earnings Preview For Newell Brands
Portfolio Pulse from Benzinga Insights
Newell Brands (NASDAQ:NWL) is set to release its quarterly earnings on October 25, 2024. Analysts expect an EPS of $0.16. Despite a previous EPS beat, the stock price did not increase. The company faces challenges in revenue growth, profitability, and debt management compared to peers. Analysts have a Neutral rating with a price target suggesting a 30.87% upside.
October 24, 2024 | 2:02 pm
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Newell Brands is expected to report an EPS of $0.16. Despite past EPS beats, the stock price did not increase. The company faces challenges in revenue growth, profitability, and debt management. Analysts have a Neutral rating with a price target suggesting a 30.87% upside.
The upcoming earnings report is crucial for Newell Brands, with analysts expecting an EPS of $0.16. Despite previous EPS beats, the stock price did not react positively, indicating that investors may be cautious. The company's challenges in revenue growth, profitability, and debt management compared to peers could weigh on investor sentiment. However, the Neutral analyst rating and potential upside suggest some optimism. Overall, the short-term impact on the stock price is likely neutral as investors await the earnings report and guidance.
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IMPORTANCE 80
RELEVANCE 100