Newell Brands (NASDAQ:NWL) Issues Quarterly Earnings Results

Market Beat
2024.04.26 18:25
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Newell Brands (NASDAQ:NWL) reported quarterly earnings of ($0.07) per share, in line with analyst estimates. The company's revenue for the quarter was $1.70 billion, exceeding expectations. However, revenue was down 5.8% compared to the same quarter last year. Newell Brands had a positive return on equity of 10.24% and a negative net margin of 4.77%. The stock price of NWL increased by 11.8% following the earnings announcement.