Newell Brands (NWL) Misses Q1 EPS by 3c; Offers Guidance

Newell Brands (NASDAQ: NWL) reported Q1 EPS of ($0.06), $0.03 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $1.81 billion versus the consensus estimate of $1.8 billion.

GUIDANCE:

Newell Brands sees Q2 2023 EPS of $0.10-$0.18, versus the consensus of $0.38. Newell Brands sees Q2 2023 revenue of $2.13-2.24 billion, versus the consensus of $2.198 billion.

Newell Brands sees FY2023 EPS of $0.95-$1.08, versus the consensus of $1.04. Newell Brands sees FY2023 revenue of $8.4-8.6 billion, versus the consensus of $8.537 billion.

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

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