Newell Brands (NASDAQ:NWL – Get Free Report) released its quarterly earnings data on Friday. The company reported ($0.07) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.07), Yahoo Finance reports. The firm had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.64 billion. Newell Brands had a positive return on equity of 10.24% and a negative net margin of 4.77%. The business’s revenue for the quarter was down 5.8% on a year-over-year basis. During the same quarter last year, the firm earned ($0.06) earnings per share.
Newell Brands Price Performance
NASDAQ NWL opened at $7.79 on Friday. Newell Brands has a one year low of $6.49 and a one year high of $12.31. The stock’s 50 day simple moving average is $7.49 and its 200 day simple moving average is $7.74. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.63 and a current ratio of 1.16.
Newell Brands Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were given a dividend of $0.07 per share. The ex-dividend date was Wednesday, February 28th. This represents a $0.28 dividend on an annualized basis and a yield of 3.59%. Newell Brands’s dividend payout ratio (DPR) is presently -38.89%.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on NWL
Newell Brands Company Profile
Newell Brands Inc engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in three segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solution products under the Rubbermaid, Rubbermaid Commercial Products, Mapa, and Spontex brands; closet and garage organization products; hygiene systems and material handling solutions; household products, such as kitchen appliances under the Crockpot, Mr.
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