Newell Rubbermaid (NWL) PT Lowered to $7.50 at Citi

Newell Rubbermaid (NWL) PT Raised to $7 at Deutsche Bank

Deutsche Bank analyst Steve Powers raised the price target on Newell Rubbermaid (NASDAQ: NWL) to $7.00 (from $6.00) while maintaining a Hold rating.

The analyst comments "NWL shares meaningfully underperformed the market today (~-18.9% vs. S&P +0.6%) on the back of mixed 4Q23 results1 and disappointing FY24 guidance amid persistent top-line challenges. On the top line, NWL expects another year of core sales declines (-6% to -3%), given a more... More

Raymond James Downgrades Newell Rubbermaid (NWL) to Market Perform, 'Recovery Pushed Further Out'

(Updated - February 12, 2024 8:09 AM EST)

Raymond James analyst Olivia Tong downgraded Newell Rubbermaid (NASDAQ: NWL) from Outperform to Market Perform.

The analyst comments "After multiple guidance cuts due to slow to recover consumer discretionary categories as well as sequentially increasing operating expenses even before management turns on the advertising spigot this year, we are downgrading shares of NWL to Market... More

Newell Brands (NWL) shares slide as company forecasts 2024 net sales decline

Newell Brands (NASDAQ: NWL) shares plunged 16% Friday on the back of its latest quarterly results, which saw sales fall despite topping consensus expectations.

The company reported fourth-quarter earnings of $0.22, $0.05 better than the analyst estimate of $0.17. At the same time, revenue for the quarter came... More

Newell Brands (NWL) Tops Q4 EPS by 5c, provides guidance

Newell Brands (NASDAQ: NWL) reported Q4 EPS of $0.22, $0.05 better than the analyst estimate of $0.17. Revenue for the quarter came in at $2.08 billion versus the consensus estimate of $1.98 billion.

GUIDANCE:

Newell Brands sees FY2024 EPS of $0.52-$0.62.

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