Spectrum Brands Holdings Reports Fiscal 2019 Fourth Quarter Results from Continuing Operations

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Go back to Spectrum Brands Holdings Reports Fiscal 2019 Fourth Quarter Results from Continuing Operations

Spectrum Brands (SPB) PT Raised to $57 at Wells Fargo

November 13, 2019 1:02 PM EST

Wells Fargo analyst Sam Reid raised the price target on Spectrum Brands (NYSE: SPB) to $57.00 (from $52.00) while maintaining a Market Perform rating.

Reid commented, "SPB exceeded our expectations on the top & bottom lines in FQ4, giving us increased confidence in the underlying business... More

Spectrum Brands (SPB) Tops Q4 EPS by 3c, Offers FY20 Guidance, Approves $250M Buyback

November 13, 2019 6:32 AM EST

Spectrum Brands (NYSE: SPB) reported Q4 EPS of $1.13, $0.03 better than the analyst estimate of $1.10. Revenue for the quarter came in at $993 million versus the consensus estimate of $986.05 million.

Fiscal 2020 Outlook:

Spectrum Brands expects low single-digit reported net sales growth,... More