ACCO Brands Corporation (ACCO) Tops Q4 EPS by 1c

ACCO Brands Corporation (NYSE: ACCO) reported Q4 EPS of $0.36, $0.01 better than the analyst estimate of $0.35. Revenue for the quarter came in at $459.9 million versus the consensus estimate of $472.07 million.

ACCO Brands Corporation sees FY2015 EPS of $0.78-$0.82, versus the consensus of $0.82.

"I am pleased with our performance in the fourth quarter and for the year. We delivered strong annual earnings improvement, generated $146 million of free cash flow, initiated a share buyback program and further reduced our leverage," said Boris Elisman, president and chief executive officer, ACCO Brands. "In 2015, while facing challenging currency headwinds, we are well positioned to again generate strong free cash flow supported by productivity improvements and sustained market share gains."

For earnings history and earnings-related data on ACCO Brands Corporation (ACCO) click here.

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