Spectrum Brands (SPB) came out with quarterly earnings of $0.97 per share, missing the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.16%. A quarter ago, it was expected that this holding company would post earnings of $1.35 per share when it actually produced earnings of $1.10, delivering a surprise of -18.52%.Over the last four quarters, the ...

Spectrum Brands Holdings, Inc. (SPB) announced an increase in its quarterly dividend, raising it to 47 cents per share from the previous 42 cents. This 12% hike underscores Spectrum Brands' commitment to delivering consistent value to its shareholders through dividend increases.Scheduled to be paid on Dec. 17, 2024, to its shareholders of record as of Nov. 26, 2024, this is a milestone in Spectrum Brands' tradition of rewarding its investors with dependable dividends. With this adjustment, the company's ann ...

Wall Street analysts forecast that Spectrum Brands (SPB) will report quarterly earnings of $1.13 per share in its upcoming release, pointing to a year-over-year decline of 16.9%. It is anticipated that revenues will amount to $740.06 million, exhibiting a decline of 0.1% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 3.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial pr ...

Spectrum Brands Holdings, Inc. (SPB) is expected to register top and bottom-line decline when it reports fourth-quarter fiscal 2024 results on Nov. 15, before the opening bell. The Zacks Consensus Estimate for SPB’s fiscal fourth-quarter revenues is pegged at $740.1 million, indicating a decline of 1% from the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for Spectrum Brands’ fiscal fourth-quarter earnings per share (EPS) is pegged at ...

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].

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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 ...

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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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