Spectrum Brands Holdings, Inc. (NYSE:SPB) is reporting fourth quarter financial results on Friday 13th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, SPB is expected to report 4Q20 income of $ 1.24 per share from revenue of $ 1024.99 million.
For the full year, analysts anticipate top line of $ 3818.55 million, while looking forward to income of $ 3.68 per share bottom line.
Previous Quarter Performance
Spectrum Brands Holdings, Inc. unveiled income for the third quarter of $ 1.36 per share, from the revenue of $ 984.30 million. The quarterly earnings extended 0.74 percent while revenues reduced 3.71 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.93 per share from $ 946.13 million in revenue. The bottom line results beat street analysts by $ 0.43 or 46.24 percent, at the same time, top line results outshined analysts by $ 38.17 million or 4.03 percent.
Stock Performance
Shares of Spectrum Brands Holdings, Inc. traded low $ -0.15 or -0.24 percent on Thursday, reaching $ 63.52 with volume of 494.90 thousand shares. Spectrum Brands Holdings, Inc. has traded high as $ 64.56 and has cracked $ 62.39 on the downward trend
According to the previous trading day, closing price of $ 63.52, representing a 225.01 % increase from the 52 week low of $ 19.59 and a 5.11 % decrease over the 52 week high of $ 67.10.
The company has a market capital of $ 2.78 billion and is part of the Consumer Cyclical sector and Home Furnishings & Fixtures industry.
Conference Call
Spectrum Brands Holdings, Inc. will be hosting a conference call at 9:00 AM eastern time on 13th November 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, 877-604-7329 U.S. or 602-563-8688 (International), and the passcode is 3218924 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.spectrumbrands.com
Spectrum Brands Holdings, Inc. operates as a branded consumer products company worldwide. The companys Hardware & Home Improvement segment offers hardware products under the National Hardware, Stanley, and FANAL brands; locksets and door hardware under the Kwikset, Weiser, Baldwin, EZSET, and Tell brands; and plumbing products under the Pfister brand.
