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Stock impact report

Why ACCO Brands Corp. Stock Plunged Today [The Motley Fool]

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: The Motley Fool
The office supplies titan is struggling to meet sales targets while battling Chinese import tariffs. Anders Bylund ( TMFZahrim ) Oct 30, 2018 at 3:54PM What happened Shares of office supplies giant ACCO Brands ( NYSE:ACCO ) crashed hard on Tuesday. Following the release of disappointing third-quarter results and lowered full-year guidance, the stock dived as much as 25.9%. By 3:10 p.m. EDT, ACCO's shares had recovered somewhat to a 19.8% drop. So what In the third quarter, ACCO Brands reported earnings of $0.34 per share on $507 million in top-line revenues. That's down from $0.35 and $532 million, respectively, in the year-ago period. Analysts had been looking for a stable year-over-year comparison with earnings near $0.35 per share again and sales in the neighborhood of $533 million. Image source: Getty Images. Now what The compan Show less Read more
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