Newell Brands (NASDAQ:NWL – Get Free Report) posted its quarterly earnings data on Friday. The company reported ($0.07) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.07), Yahoo Finance reports. The company had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.64 billion. Newell Brands had a negative net margin of 4.77% and a positive return on equity of 10.24%. The business’s quarterly revenue was down 5.8% on a year-over-year basis. During the same quarter last year, the firm posted ($0.06) earnings per share.
Newell Brands Price Performance
NASDAQ:NWL traded up $0.81 during mid-day trading on Friday, reaching $7.75. 6,610,790 shares of the company were exchanged, compared to its average volume of 5,062,352. Newell Brands has a 12 month low of $6.49 and a 12 month high of $12.31. The stock has a market cap of $3.22 billion, a PE ratio of -8.28, a PEG ratio of 1.39 and a beta of 0.95. The company has a quick ratio of 0.63, a current ratio of 1.16 and a debt-to-equity ratio of 1.47. The company has a fifty day moving average of $7.48 and a 200 day moving average of $7.73.
Newell Brands Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were issued a $0.07 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.61%. Newell Brands’s dividend payout ratio is -29.47%.
Analyst Ratings Changes
View Our Latest Stock Report on Newell Brands
About Newell Brands
Newell Brands Inc engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in three segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solution products under the Rubbermaid, Rubbermaid Commercial Products, Mapa, and Spontex brands; closet and garage organization products; hygiene systems and material handling solutions; household products, such as kitchen appliances under the Crockpot, Mr.
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