Newell Brands (NWL) Reports In-Line Q4 EPS; Lifts FY EPS Guidance

Newell Brands (NYSE: NWL) reported Q4 EPS of $0.80, in-line with the analyst estimate of $0.80. Revenue for the quarter came in at $4.14 billion versus the consensus estimate of $4.27 billion.

GUIDANCE:

Newell Brands sees FY2017 EPS of $2.95-$3.15 compared with initial 2017 guidance of $2.85 to $3.05 and versus the consensus of $2.99. Newell Brands sees FY2017 revenue of $14.52-14.72 billion, versus the consensus of $14.94 billion.

Revised guidance for full year 2017 core sales growth of 2.5 to 4.0 percent compared with initial 2017 guidance of 3.0 to 4.0 percent.

For earnings history and earnings-related data on Newell Brands (NWL) click here.

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