Newell Brands Guides FY24 Below Estimates - Update

RTTNews | 488 दिनों पहले
Stocktwits
Newell Brands Guides FY24 Below Estimates - Update

(RTTNews) - While reporting financial results for the fourth quarter on Friday, consumer goods company Newell Brands, Inc. (NWL) initiated its normalized earnings and sales growth guidance for the full-year 2024. The company also provided outlook for the first quarter.

For fiscal 2024, the company now projects normalized earnings in a range of $0.52 to $0.62 per share on net sales decline of 8 to 5 percent, with core sales decline of 6 to 3 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.77 per share on revenue decline of 4.3 percent to $7.69 billion for the year. Analysts' estimates typically exclude special items.

For the first quarter, the company anticipates normalized loss in a range of $0.09 to $0.05 per share on net sales decline of 10 to 8 percent, with core sales decline of 8 to 6 percent.

The Street is looking for earnings of $0.02 per share on revenue decline of 6.3 percent to $1.68 billion for the quarter.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

टैग: NWL
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Newell Brands Slashes FY23 Outlook - Update

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उच्च जोखिम चेतावनी: फॉरन एक्सचेंज ट्रेडिंग में उच्च स्तर का खतरा होता है जो हर निवेशकों के लिए सही नहीं हो सकता. लीवरेज अधिकतम खातर और हानि के अनावरण को उत्पन्न करता है. इससे पहले कि आप निर्णय लें फॉरन एक्सचेंज में ट्रेड करने का, ध्यान अपने निवेश के उद्देश्यों, अनुभव स्तर, और खतरा उठाने की सहिष्णुता पर विचार करें. आप कुछ या अपनी प्रारंभिक निवेश को खो सकते हैं. बिल्कुल भी उस पैसे को निवेश ना करें जो आप खोने को बर्दाश्त नहीं कर सकते. अपने आप को शिक्षित करें उन खतरों से जो फॉरन एक्सचेंज ट्रेडिंग से संबंधित हैं, और सलाह लें किसी स्वतंत्र आर्थिक या कर सलाहकार से अगर आपके पास कोई भी प्रश्न हैं तो. कोई भी डाटा या जानकारों जो दी जाती है वे केवल सूचनात्मक उद्देश्यों के लिए है, और यब ट्रेडिंग आशय या सलाह पर नियत नहीं है. पिछले निष्पादन भविष्य के परिणामों के लिए परियाचक नहीं हैं.