Spectrum: Fiscal Q1 Earnings Snapshot
MIDDLETON, Wis. (AP) — MIDDLETON, Wis. (AP) — Spectrum Brands Holdings, Inc. (SPB) on Thursday reported fiscal first-quarter net income of $29.1 million.
On a per-share basis, the Middleton, Wisconsin-based company said it had net income of 85 cents. Earnings, adjusted to account for discontinued operations, were 78 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.
The holding company posted revenue of $692.2 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $673.8 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPB at https://www.zacks.com/ap/SPB
