Newell Brands Announces Strong Fourth Quarter and Full Year Results
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Newell (NWL) PT Trimmed to $55 at UBS, Notes Improved Margins
February 7, 2017 9:00 AM ESTUBS analyst Stephen Powers reiterates Buy rating and lowered his price target on Newel Brands (NYSE: NWL) to $55 (from $58), as the company delivered solid 2016 fourth quarter margins, despite missing on 2016 fourth quarter sales expectations.
Powers notes, "Both gross and operating margin were greater than anticipated (37.2%... More
Newell (NWL) PT Drops to $61 at Jefferies
February 7, 2017 7:12 AM ESTJefferies analyst Kevin Grundy reiterates Buy rating, but lowers price target on Newell Brands (NYSE: NWL) to $61.00 (from $63.00), citing mixed 2016 fourth quarter results from the company.
Grundy notes, "Despite in-line EPS, NWL's 4Q was a bit softer than we had hoped with light... More
Newell Brands (NWL) Reports In-Line Q4 EPS; Lifts FY EPS Guidance
February 6, 2017 6:33 AM ESTNewell 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... More
