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Spectrum Brands (SPB) Misses Q4 EPS by 12c

November 16, 2017 6:30 AM

Spectrum Brands (NYSE: SPB) reported Q4 EPS of $1.35, $0.12 worse than the analyst estimate of $1.47. Revenue for the quarter came in at $1.32 billion versus the consensus estimate of $1.3 billion.

Fiscal 2018 Outlook

Spectrum Brands expects fiscal 2018 reported net sales to grow above category rates for most categories, along with an anticipated positive impact from foreign exchange of approximately 160 to 180 basis points based upon current rates.

Fiscal 2018 adjusted free cash flow is projected to be approximately $620-$640 million compared to $587 million in fiscal 2017. Capital expenditures are expected to be between $110 million to $120 million.

(Updated)

For earnings history and earnings-related data on Spectrum Brands (SPB) click here.

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Earnings Guidance

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