We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Seeking Clues to Newell Brands (NWL) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Read MoreHide Full Article
Wall Street analysts expect Newell Brands (NWL - Free Report) to post quarterly earnings of $0.17 per share in its upcoming report, which indicates a year-over-year increase of 6.3%. Revenues are expected to be $1.98 billion, down 13.6% from the year-ago quarter.
Over the last 30 days, there has been an upward revision of 20% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some Newell Brands metrics that Wall Street analysts commonly model and monitor.
Based on the collective assessment of analysts, 'Net sales- Learning and Development' should arrive at $596.62 million. The estimate suggests a change of -12.8% year over year.
The consensus estimate for 'Net sales- Outdoor and Recreation' stands at $173.06 million. The estimate indicates a change of -18% from the prior-year quarter.
The combined assessment of analysts suggests that 'Net sales- Home and Commercial Solutions' will likely reach $1.20 billion. The estimate indicates a change of +89.3% from the prior-year quarter.
Analysts' assessment points toward 'Normalized Operating Income (Loss)- Learning & Development' reaching $97.15 million. Compared to the current estimate, the company reported $98 million in the same quarter of the previous year.
Analysts predict that the 'Normalized Operating Income (Loss)- Home and Commercial Solutions' will reach $99.67 million. The estimate is in contrast to the year-ago figure of $41 million.
Over the past month, Newell Brands shares have recorded returns of -5.4% versus the Zacks S&P 500 composite's +5.3% change. Based on its Zacks Rank #1 (Strong Buy), NWL will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Seeking Clues to Newell Brands (NWL) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Wall Street analysts expect Newell Brands (NWL - Free Report) to post quarterly earnings of $0.17 per share in its upcoming report, which indicates a year-over-year increase of 6.3%. Revenues are expected to be $1.98 billion, down 13.6% from the year-ago quarter.
Over the last 30 days, there has been an upward revision of 20% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some Newell Brands metrics that Wall Street analysts commonly model and monitor.
Based on the collective assessment of analysts, 'Net sales- Learning and Development' should arrive at $596.62 million. The estimate suggests a change of -12.8% year over year.
The consensus estimate for 'Net sales- Outdoor and Recreation' stands at $173.06 million. The estimate indicates a change of -18% from the prior-year quarter.
The combined assessment of analysts suggests that 'Net sales- Home and Commercial Solutions' will likely reach $1.20 billion. The estimate indicates a change of +89.3% from the prior-year quarter.
Analysts' assessment points toward 'Normalized Operating Income (Loss)- Learning & Development' reaching $97.15 million. Compared to the current estimate, the company reported $98 million in the same quarter of the previous year.
Analysts predict that the 'Normalized Operating Income (Loss)- Home and Commercial Solutions' will reach $99.67 million. The estimate is in contrast to the year-ago figure of $41 million.
View all Key Company Metrics for Newell Brands here>>>
Over the past month, Newell Brands shares have recorded returns of -5.4% versus the Zacks S&P 500 composite's +5.3% change. Based on its Zacks Rank #1 (Strong Buy), NWL will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>