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Newell Brands: Q3 Earnings Snapshot
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ATLANTA (AP) — ATLANTA (AP) — Newell Brands Inc. (NWL) on Friday reported a loss of $81 million in its third quarter.

The Atlanta-based company said it had a loss of 19 cents per share. Earnings, adjusted for one-time gains and costs, came to 20 cents per share.

The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 20 cents per share.

The consumer products company posted revenue of $1.87 billion in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $1.85 billion.

For the current quarter ending in December, Newell Brands expects its per-share earnings to range from 17 cents to 19 cents.

The company expects full-year earnings in the range of 74 cents to 76 cents per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NWL at https://www.zacks.com/ap/NWL

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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