Newell Brands (NWL) Tops Q3 EPS by 16c, Guidance Misses

Newell Brands (NASDAQ: NWL) reported Q3 EPS of $0.39, $0.16 better than the analyst estimate of $0.23. Revenue for the quarter came in at $2.05 billion versus the consensus estimate of $2.12 billion.

GUIDANCE:

Newell Brands sees FY2023 EPS of $0.72-$0.77, versus the consensus of $0.84. Newell Brands sees FY2023 revenue of $8.02-8.09 billion, versus the consensus of $8.3 billion.

Newell Brands sees Q4 2023 EPS of $0.15-$0.20, versus the consensus of $0.44. Newell Brands sees Q4 2023 revenue of $1.96-2.03 billion, versus the consensus of $2.17 billion.

For earnings history and earnings-related data on Newell Brands (NWL) click here.

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