NWL Stock Recent News

The market has a risk-on sentiment that is shifting investor sentiment to growth stocks. This includes low-priced small-cap equities that trade at a low price.

Newell's (NWL) strategic endeavors, including enhancing digital business and cost-saving efforts, bode well.

Newell Brands (NWL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Newell's (NWL) fourth-quarter 2023 sales decline 9.1% year over year on lower core sales and impacts of category exits.

Newell Brands lifted margins by cutting less profitable products. Sales were down 9% in the quarter.

Revenue is expected to drop between 8% to 5% in 2024, the company said.

Although the revenue and EPS for Newell Brands (NWL) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Shares of Newell Brands Inc. NWL, +6.69% fell 3.6% in premarket trades Friday after the consumer goods company reported better-than-expected fourth-quarter earnings and sales but gave soft full-year outlook. The company, whose brands include Rubbermaid, Sharpie, Graco and Yankee Candle reported a net loss of $86 million, or a loss of 21 cents a share, compared with a net loss of $249 million, or a loss of 60 cents a share, in the prior year's quarter.

Get a deeper insight into the potential performance of Newell Brands (NWL) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Newell's (NWL) fourth-quarter 2023 bottom-line performance is likely to have gained from productivity program and pricing actions.