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Acco Brands (ACCO) Q2 Earnings Lag Estimates
ZACKSยท 2025-07-31 22:41
Core Viewpoint - Acco Brands reported quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.29 per share, and down from $0.37 per share a year ago, indicating a -3.45% earnings surprise [1] Financial Performance - The company posted revenues of $394.8 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.28%, but down from $438.3 million year-over-year [2] - Over the last four quarters, Acco has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Stock Performance - Acco shares have lost about 28% since the beginning of the year, contrasting with the S&P 500's gain of 8.2% [3] - The current Zacks Rank for Acco is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $0.26 on revenues of $382.43 million, and $0.94 on revenues of $1.53 billion for the current fiscal year [7] - The estimate revisions trend for Acco was mixed ahead of the earnings release, which could change following the recent report [6] Industry Context - The Office Supplies industry is currently in the top 39% of over 250 Zacks industries, suggesting that it has a favorable outlook compared to the bottom 50% [8]