Spectrum Brands (SPB) Q2 Earnings and Revenues Miss Estimates

Spectrum Brands (SPB) came out with quarterly earnings of $0.68 per share, missing the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -49.63%. A quarter ago, it was expected that this holding company would post earnings of $0.91 per share when it actually produced earnings of $1.02, delivering a surprise of 12.09%.Over the last four quarters, the ...