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Spectrum Brands (SPB) Tops Q3 Earnings and Revenue Estimates

Corporate EarningsCompany FundamentalsAnalyst Estimates
Spectrum Brands (SPB) Tops Q3 Earnings and Revenue Estimates

Spectrum Brands reported quarterly EPS of $2.79, beating the Zacks Consensus Estimate of $1.49 by $1.30 (about +87%) and up from $1.24 a year ago. The large earnings beat versus both the prior year and consensus suggests a strong near-term earnings momentum.

Analysis

Spectrum Brands reported quarterly EPS of $2.79, beating the Zacks Consensus Estimate of $1.49 by $1.30 (about +87%) and up from $1.24 a year ago. The large earnings beat versus both the prior year and consensus suggests a strong near-term earnings momentum.

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Market Sentiment

Overall Sentiment

strongly positive

Sentiment Score

0.55

Ticker Sentiment

SPB0.65

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