ACCO(ACCO) ZACKS·2024-10-31 22:20Core Insights - Acco Brands (ACCO) reported quarterly earnings of 0.24 per share a year ago [1] - The company achieved revenues of 448 million year-over-year [2] - Acco shares have declined approximately 18.3% year-to-date, contrasting with the S&P 500's gain of 21.9% [3] Earnings Performance - The company has surpassed consensus EPS estimates three times over the last four quarters [1] - Acco has topped consensus revenue estimates two times in the last four quarters [2] Future Outlook - The current consensus EPS estimate for the upcoming quarter is 458.66 million, and for the current fiscal year, it is 1.67 billion [7] - The estimate revisions trend for Acco is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Office Supplies industry, to which Acco belongs, is currently ranked in the bottom 9% of over 250 Zacks industries, suggesting potential challenges ahead [8]