Investing.com - Newell Brands reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Newell Brands announced earnings per share of $0.53 on revenue of $2.30. Analysts polled by Investing.com EPS of $0.47 on revenue of $2.25B.
Newell Brands 's are down 45.51% and is trading at $15.67 , still down 40.76% from its 52 week high of $26.45 set on Wednesday, February 16, 2022.
Newell Brands follows other major Consumer Discretionary sector earnings this month
Newell Brands's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $0.28 on revenue of $127.1B, EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, for EPS of $1.03 on revenue of $22.5B.
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