Newell Brands (NASDAQ:NWL – Get Free Report) issued its quarterly earnings data on Friday. The company reported ($0.07) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.07), Yahoo Finance reports. Newell Brands had a positive return on equity of 10.24% and a negative net margin of 4.77%. The business had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same period in the prior year, the company posted ($0.06) EPS. The business’s revenue for the quarter was down 5.8% compared to the same quarter last year.
Newell Brands Price Performance
Shares of 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 business’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 current ratio of 1.16 and a quick ratio of 0.63.
Newell Brands Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 3.59%. The ex-dividend date was Wednesday, February 28th. Newell Brands’s payout ratio is -38.89%.
Analyst Ratings Changes
View Our Latest Stock 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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