Newell Brands (NYSE:NWL) issued an update on its FY19 earnings guidance on Friday morning. The company provided EPS guidance of $1.50-1.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.55. The company issued revenue guidance of $9.1-9.3 billion, compared to the consensus revenue estimate of $8.37 billion.Newell Brands also updated its FY 2019 guidance to $1.50-1.65 EPS.
NWL opened at $13.43 on Friday. The firm has a fifty day moving average price of $14.81. The company has a market cap of $5.92 billion, a P/E ratio of 4.88, a PEG ratio of 3.82 and a beta of 0.90. Newell Brands has a 1 year low of $13.04 and a 1 year high of $27.04. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.98 and a quick ratio of 2.53.
Newell Brands (NYSE:NWL) last released its quarterly earnings results on Friday, May 3rd. The company reported $0.14 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.08. The business had revenue of $1.71 billion during the quarter, compared to the consensus estimate of $1.69 billion. Newell Brands had a positive return on equity of 9.55% and a negative net margin of 46.92%. The firm’s quarterly revenue was down 5.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.34 EPS. On average, sell-side analysts predict that Newell Brands will post 1.22 EPS for the current year.
Newell Brands Company Profile
Newell Brands Inc designs, manufactures, sources, and distributes consumer and commercial products worldwide. The company's Live segment offers household products, including kitchen appliances, gourmet cookware, bakeware and cutlery, food storage and home storage products, fresh preserving products, and home fragrance products; and baby gear, infant care, and health products primarily under Aprica, Baby Jogger, Ball, Calphalon, Chesapeake Bay Candle, Crock-Pot, FoodSaver, Graco, Mr.
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