Spectrum Brands (SPB) Lags Q3 Earnings Estimates

Spectrum Brands (SPB) came out with quarterly earnings of $1.10 per share, missing the Zacks Consensus Estimate of$ 1.35 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -18.52%. A quarter ago, it was expected that this holding company would post earnings of$ 0.49 per share when it actually produced earnings of $1.62, delivering a surprise of 230.61%. Over the last four quarters, t ...