29.04.2016 12:33:11

Newell Rubbermaid Co. Q1 Profit Advances 11%

(RTTNews) - Newell Rubbermaid Co. (NWL) announced earnings for its first quarter that increased from last year.

The company said its bottom line came in at $107.7 million, or $0.40 per share. This was up from $97.0 million, or $0.36 per share, in last year's first quarter.

Analysts had expected the company to earn $0.37 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.0% to $1.31 billion. This was up from $1.26 billion last year.

Newell Rubbermaid Co. earnings at a glance:

-Earnings (Q1): $107.7 Mln. vs. $97.0 Mln. last year. -Earnings Growth (Y-o-Y): 11.0% -EPS (Q1): $0.40 vs. $0.36 last year. -EPS Growth (Y-o-Y): 11.1% -Analysts Estimate: $0.37 -Revenue (Q1): $1.31 Bln vs. $1.26 Bln last year. -Revenue Change (Y-o-Y): 4.0%

-Guidance: Full year EPS guidance: $2.75 - $2.90

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