Analysts expect Newell Brands to report an earnings per share (EPS) of $0.16.
The market awaits Newell Brands's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Performance in Previous Earnings
During the last quarter, the company reported an EPS beat by $0.15, leading to a 0.0% drop in the share price on the subsequent day.
Here's a look at Newell Brands's past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
0.21
-0.07
0.17
0.23
EPS Actual
0.36
0
0.22
0.39
Price Change %
41.0%
12.0%
-19.0%
-10.0%
Tracking Newell Brands's Stock Performance
Shares of Newell Brands were trading at $7.32 as of October 23. Over the last 52-week period, shares are up 9.83%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analyst Views on Newell Brands
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Newell Brands.
A total of 6 analyst ratings have been received for Newell Brands, with the consensus rating being Neutral. The average one-year price target stands at $9.58, suggesting a potential 30.87% upside.
Analyzing Analyst Ratings Among ...
