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, hitting the consensus estimate 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%. Newell Brands’s revenue was down 5.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.06) earnings per share.
Newell Brands Stock Up 12.2 %
Shares of NASDAQ:NWL opened at $7.79 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.63 and a debt-to-equity ratio of 1.47. 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 $7.73.
Newell Brands Dividend Announcement
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 $0.07 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.59%. Newell Brands’s dividend payout ratio (DPR) is -29.47%.
Wall Street Analysts Forecast Growth
Check Out 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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