Newell Manufacturers (NWL) got here out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.47 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of seven.69%. 1 / 4 in the past, it was anticipated that this client merchandise firm would put up earnings of $0.56 per share when it truly produced earnings of $0.73, delivering a shock of 30.36%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates 4 instances.
Newell Manufacturers, which belongs to the Zacks Shopper Merchandise – Staples business, posted revenues of $2.62 billion for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 1.83%. This compares to year-ago revenues of $2.34 billion. The corporate has topped consensus income estimates thrice over the past 4 quarters.