While the top- and bottom-line numbers for Newell Brands (NWL) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Newell Brands (NWL) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.22 per share a year ago.
Newell Brands Inc. NWL will release its fourth-quarter financial results before the opening bell on Friday, Feb. 7.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Newell Brands (NWL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
NWL's fourth-quarter 2024 bottom-line results are likely to reflect the impacts of a tough macroeconomic environment, including inflation.
Newell Brands (NWL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NWL's strategic endeavors, including organizational realignment and cost-saving efforts, bode well.
NWL's strategic endeavors, including investments in innovation and brand-building efforts, bode well.
NWL stock's momentum is backed by its emphasis on investing in innovation, brand-building, and go-to-market excellence for its most profitable brands and markets.
NWL's strategic endeavors, including organizational realignment and cost-saving efforts, bode well.
In the past, Newell Brands faced significant challenges, including inflation, supply chain issues, and weak consumer sentiment, but recent improvements justify upgrading the stock from a 'sell' to a 'hold'. Despite a revenue decline, Newell Brands saw profitability improvements, with adjusted earnings per share matching analysts' expectations, and operating cash flow showing positive trends. Management's restructuring initiatives, including Project Phoenix, have started to yield results, with notable reductions in net debt and inventory levels, indicating better financial stability.
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling around 200 points on Friday.