Spectrum Brands Holdings Inc reports results for the quarter ended September 30 - Earnings Summary

• Spectrum Brands Holdings Inc SPB.N reported quarterly adjusted earnings of 97 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.36. The mean expectation of ten analysts for the quarter was for earnings of $1.07 per share. Wall Street expected results to range from 82 cents to $1.24 per share.

• Revenue rose 4.5% to $773.70 million from a year ago; analysts expected $747.29 million.

• Spectrum Brands Holdings Inc's reported EPS for the quarter was $1.01​.

• The company reported quarterly net income of $28.6 million.

• Spectrum Brands Holdings Inc shares had fallen by 1.3% this quarter and gained 17.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 6.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the appliances, tools & housewares peer group is also "buy"

Wall Street's median 12-month price target for Spectrum Brands Holdings Inc is 108.00

This summary was machine generated from LSEG data November 15 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)