Spectrum Brands (SPB) Q4 Earnings Surpass Estimates

Core Viewpoint - Spectrum Brands reported quarterly earnings of $2.61 per share, significantly exceeding the Zacks Consensus Estimate of $0.77 per share, representing an earnings surprise of +238.96% [1] - The company posted revenues of $733.5 million for the quarter ended September 2025, which fell short of the Zacks Consensus Estimate by 1.53% and decreased from $773.7 million year-over-year [2] Group 1: Earnings Performance - The earnings of $2.61 per share for the recent quarter compare to $0.97 per share a year ago, indicating substantial growth [1] - Over the last four quarters, Spectrum has surpassed consensus EPS estimates two times [2] Group 2: Revenue Analysis - The reported revenue of $733.5 million missed the consensus estimate and represents a decline from the previous year's revenue of $773.7 million [2] - The company has not been able to beat consensus revenue estimates over the last four quarters [2] Group 3: Stock Performance and Outlook - Spectrum shares have declined approximately 37% since the beginning of the year, contrasting with the S&P 500's gain of 16.5% [3] - The current consensus EPS estimate for the upcoming quarter is $0.95 on revenues of $671.86 million, while for the current fiscal year, it is $4.46 on revenues of $2.83 billion [7] Group 4: Industry Context - The Consumer Products - Discretionary industry, to which Spectrum belongs, is currently ranked in the bottom 30% of over 250 Zacks industries, indicating a challenging environment [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Spectrum's stock performance [5]