Core Viewpoint - Spectrum Brands (SPB) is anticipated to report a year-over-year decline in earnings due to lower revenues for the quarter ended September 2024, with the consensus outlook indicating a significant impact on its near-term stock price depending on actual results compared to estimates [1][2]. Earnings Expectations - The earnings report is scheduled for release on November 15, 2024, and could lead to a stock price increase if results exceed expectations, while missing estimates may result in a decline [2]. - The consensus estimate for quarterly earnings is $1.13 per share, reflecting a year-over-year decrease of 16.9%, with expected revenues of $740.06 million, down 0.1% from the previous year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 3.13%, indicating a reassessment by analysts [4]. - The Zacks Earnings ESP model shows that the Most Accurate Estimate for Spectrum is higher than the consensus estimate, resulting in a positive Earnings ESP of +10.13%, although the stock has a Zacks Rank of 4, complicating predictions of an earnings beat [10]. Earnings Surprise History - In the last reported quarter, Spectrum was expected to post earnings of $1.35 per share but only achieved $1.10, resulting in a surprise of -18.52% [11]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [12]. Industry Comparison - Another player in the consumer products industry, Honest (HNST), is expected to report earnings of $0.03 per share for the same quarter, indicating a year-over-year increase of 66.7%, with revenues projected at $92.82 million, up 7.7% [16]. - Honest has a higher Most Accurate Estimate leading to an Earnings ESP of 69.23%, combined with a Zacks Rank of 3, suggesting a likely earnings beat [17].

Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...

Investors interested in stocks from the Consumer Products - Discretionary sector have probably already heard of Spectrum Brands (SPB) and Kellanova (K) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and est ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potent ...

Spectrum Brands Holdings, Inc. (SPB) has shown strong performance year to date (YTD), with its shares appreciating 18.9%. This growth outpaces the industry's rise of 17.9% and the broader Consumer Discretionary sector's gain of 4.9% in the same period. Image Source: Zacks Investment Research The positive momentum in the SPB stock can be attributed to several key factors, including the company's ongoing Global Productivity Improvement Plan (GPIP). This plan focuses on enhancing operational efficiency and rei ...

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Spectrum Brands Holdings Inc. (SPB) seems well-poised for growth, thanks to its robust strategic efforts. SPB's Global Productivity Improvement Plan (GPIP), which aims at improving operating efficiency and effectiveness, appears encouraging too. Spectrum Brands is benefiting from increased pricing, cost improvements and a favorable mix, which have been bolstering margins for a while now. The company has been proactive in its cost-takeout actions, including fixedcost reduction, by reducing advertising and pr ...

Investors interested in Consumer Products - Discretionary stocks are likely familiar with Spectrum Brands (SPB) and Kellanova (K) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estimat ...

Shares of Spectrum Brands Holdings, Inc. (SPB) are trading near its 52-week high mark of $96.74. The stock is currently trading at a 6.7% discount to the highest point reached in 52 weeks. Moreover, the current stock price reflects a 38.3% premium from its 52-week low of $65.27. In the year-to-date period, Spectrum Brands' stock gained 14.8% compared with the industry's growth of 19% and outpaced the Consumer Discretionary sector's return of 3.7%. This growth highlights its resilience in the global consumer ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. Wha ...