Newell Brands (NWL) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Core Viewpoint - Newell Brands (NWL) is expected to report a year-over-year decline in earnings due to lower revenues, with the consensus outlook being crucial for assessing the company's earnings picture [1][3]. Earnings Expectations - The upcoming earnings report is anticipated to show earnings of $0.24 per share, reflecting a decline of 33.3% year-over-year, and revenues are projected to be $1.94 billion, down 4.4% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 0.64% higher in the last 30 days, indicating a slight bullish sentiment among analysts regarding the company's earnings prospects [4]. Earnings Surprise Prediction - Newell Brands has a positive Earnings ESP of +6.28%, suggesting that analysts have recently become more optimistic about the company's earnings, which may lead to beating the consensus EPS estimate [12]. Historical Performance - In the last reported quarter, Newell Brands was expected to post a loss of $0.07 per share but instead reported a loss of -$0.01, resulting in a surprise of +85.71%. Over the last four quarters, the company has beaten consensus EPS estimates three times [13][14]. Investment Considerations - While Newell Brands appears to be a compelling earnings-beat candidate, investors should consider other factors that may influence stock performance beyond just earnings results [15][17].