ACCO Brands (NYSE:ACCO – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of -0.050–0.030 for the period, compared to the consensus estimate of 0.060. The company issued revenue guidance of $330.2 million-$341.0 million, compared to the consensus revenue estimate of $362.8 million. ACCO Brands also updated its FY 2025 guidance to 1.000-1.050 EPS.
Wall Street Analysts Forecast Growth
A number of research firms have commented on ACCO. StockNews.com downgraded shares of ACCO Brands from a “strong-buy” rating to a “buy” rating in a report on Friday, December 20th. Barrington Research increased their price objective on shares of ACCO Brands from $7.00 to $7.50 and gave the company an “outperform” rating in a report on Friday, November 22nd.
Read Our Latest Research Report on ACCO
ACCO Brands Trading Down 0.3 %
ACCO Brands Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.075 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.41%. ACCO Brands’s dividend payout ratio is currently -15.87%.
About ACCO Brands
ACCO Brands Corporation designs, manufactures, and markets consumer, school, technology, and office products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company provides computer and gaming accessories, planners, dry erase boards, school notebooks, and janitorial supplies; storage and organization products, such as lever-arch binders, sheet protectors, and indexes; sheet protectors and indexes; laminating, binding, and shredding machines; writing instruments and art products; stapling and punching products; and do-it-yourself tools.
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