How To Earn $500 A Month From Spectrum Brands Stock Ahead Of Q4 Earnings
Lower expected earnings per share may discourage investors, impacting stock price negatively.
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Lower expected earnings per share may discourage investors, impacting stock price negatively.
What happened, with direct paths to the underlying reporting
Spectrum Brands expects Q4 revenue of $747.51 million, up from past year. The recent share repurchase program amounts to $500 million. Quarterly earnings projected at $1.07 per share, lower than last year's $1.36. Current dividend yield stands at 1.79%; investors eye potential gains. Stock price dropped by 1.1%, closing at $93.70 on Wednesday.
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