Newell Brands Inc. (NASDAQ: NWL) reported third-quarter outcomes on Friday that disappointed experts’ expectations.
The business reported adjusted incomes of 17 cents per share, compared to 16 cents in the previous year duration, which was somewhat listed below Wall Street expectations of 18 cents.
Profits was available in at $1.81 billion, missing out on experts’ price quotes of $1.88 billion, a decrease of 7.2% compared to the previous year duration, showing a core sales decrease of 7.4% and beneficial forex.
Newell Brands released its fourth-quarter 2025 outlook, forecasting adjusted incomes per share (EPS) in the series of 16 to 20 cents, which falls listed below Wall Street’s agreement price quote of 27 cents. The business anticipates quarterly sales in between $1.871 billion and $1.930 billion, likewise missing out on experts’ price quote of $1.959 billion.
The business reduced its full-year 2025 assistance, showing softer-than-expected need patterns. It now predicts adjusted EPS in between 56 and 60 cents, below its previous projection of 66 to 70 cents and listed below Wall Street’s agreement price quote of 68 cents. Newell likewise lowered its full-year sales outlook to a series of $7.203 billion to $7.241 billion, compared to the previous price quote of $7.355 billion to $7.430 billion, missing out on the expert agreement of $7.346 billion.
Newell shares fell 3.4% to trade at $3.2850 on Monday.
These experts made modifications to their cost targets on Newell following incomes statement.
- Canaccord Genuity expert Brian McNamara preserved Newell Brands with a Buy and reduced the cost target from $9 to $7.
- RBC Capital expert Nik Modi preserved Newell Brands the stock with a Sector Perform and reduced the cost target from $8 to $4.5.
- JP Morgan expert Andrea Teixeira preserved the stock with an Obese ranking and reduced the cost target from $6 to $5.
Thinking about purchasing NWL stock? Here’s what experts believe:
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