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Market Impact: 0.35

Newell Brands (NWL) Reports Q1 Loss, Beats Revenue Estimates

NWL
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Newell Brands reported a quarterly loss of $0.05 per share, ahead of the Zacks Consensus Estimate for a $0.09 loss and better than the $0.01 loss posted a year ago. The result indicates a modest earnings beat, though the company remains unprofitable. Overall read-through is modestly positive for NWL.

Analysis

Newell Brands reported a quarterly loss of $0.05 per share, ahead of the Zacks Consensus Estimate for a $0.09 loss and better than the $0.01 loss posted a year ago. The result indicates a modest earnings beat, though the company remains unprofitable. Overall read-through is modestly positive for NWL.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.30

Ticker Sentiment

NWL0.18