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Stock impact report

ACCO Brands Posts Third Quarter EPS of $0.20 Versus $0.28 Last Year; Adjusted EPS of $0.19 Versus $0.32 In 2019

Acco Brands Corporation (ACCO) 
Last acco brands corporation earnings: 2/11 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.accobrands.com
Company Research Source: Business Wire
LAKE ZURICH, Ill.--(BUSINESS WIRE)--ACCO Brands Corporation (NYSE: ACCO), today announced its third quarter earnings for the period ended September 30, 2020.3Q EPS of $0.20 versus $0.28 in prior yearAdjusted 3Q EPS of $0.19 versus $0.32 in 20193Q net sales $444 million, down 12 percent from 2019Quarterly sequential sales trends improvedEMEA operating income increased versus 3Q 2019Cash from operations for 3Q was $89 million"I am very pleased with our third quarter results. Net sales were better than expected and profits were at the high end of our guidance. These results demonstrate the strength, breadth and balance of our global business and product portfolio despite the economic challenges and the pandemic. We saw very solid improvement in EMEA, which helped to partially offset continuing softness in Latin America and an extended back-to-school sell-out in North America. Profitability and adjusted earnings per share continued to benefit from worldwide cost-saving actions. Once a Show less Read more
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