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Stock impact report

Newell (NWL) Earnings Surpass Estimates in Q1 Sales Dip Y/Y [Yahoo! Finance]

Newell Brands Inc. (NWL) 
Last newell brands inc. earnings: 5/1 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The company's normalized loss per share was $0.00 against earnings per share of 6 cents in the year-ago quarter. The bottom-line figure was narrower than the consensus mark of a loss of 7 cents per share. Net sales declined 8.4% year over year to $1.7 billion on lower core sales as well as the impacts of business exits and adverse foreign exchange. Nonetheless, the metric exceeded the consensus estimate of $1.6 billion. This was somewhat offset by positive currency impacts. Also, core sales fell 4.7% year over year. Pricing across the international markets to offset inflation and currency was a significant contributor to core sales. The normalized gross margin expanded 410 bps year over year to 31.2%. The normalized operating margin increased 220 bps year over year to 4.6% in the reported quarter. Newell Brands Inc. Price, Consensus and EPS Surprise Newell Brands Inc. price-consensus-eps-surprise-chart | Newell Brands Inc. Quote In the past three months, shares of this curre Show less Read more
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