Newell Brands (NWL) Surpasses Q4 Earnings Estimates

Core Viewpoint - Newell Brands reported quarterly earnings of $0.16 per share, exceeding the Zacks Consensus Estimate of $0.14 per share, but down from $0.22 per share a year ago, indicating a 14.29% earnings surprise [1][2] Financial Performance - The company posted revenues of $1.95 billion for the quarter ended December 2024, missing the Zacks Consensus Estimate by 1.21% and down from $2.08 billion year-over-year [2] - Over the last four quarters, Newell Brands has surpassed consensus EPS estimates three times, but has topped consensus revenue estimates only once [2] Stock Performance - Newell Brands shares have declined approximately 2.7% since the beginning of the year, contrasting with the S&P 500's gain of 3.4% [3] - The current Zacks Rank for Newell Brands is 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.03 on revenues of $1.61 billion, and $0.76 on revenues of $7.56 billion for the current fiscal year [7] - The trend for estimate revisions ahead of the earnings release was unfavorable, which may impact future stock performance [6] Industry Context - The Consumer Products - Staples industry, to which Newell Brands belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]