Newell Rubbermaid (NYSE: NWL ) is expected to report Q2 earnings on July 26. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Newell Rubbermaid's revenues will compress -2.8% and EPS will grow 4.3%.
The average estimate for revenue is $1.47 billion. On the bottom line, the average EPS estimate is $0.49.
Last quarter, Newell Rubbermaid reported revenue of $1.24 billion. GAAP reported sales were 0.8% lower than the prior-year quarter's $1.25 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.35. GAAP EPS of $0.19 for Q1 were 30% lower than the prior-year quarter's $0.27 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 38.2%, 80 basis points worse than the prior-year quarter. Operating margin was 11.2%, 40 basis points worse than the prior-year quarter. Net margin was 4.4%, 190 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $5.72 billion. The average EPS estimate is $1.82.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 308 members out of 336 rating the stock outperform, and 28 members rating it underperform. Among 129 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 125 give Newell Rubbermaid a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Newell Rubbermaid is outperform, with an average price target of $27.00.
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