Newell Rubbermaid Co. Reports 100% Increase In Q2 Profit

(RTTNews) - Newell Rubbermaid Co. (NWL) revealed earnings for its second quarter that climbed compared to the same period last year.

The company said its bottom line came in at $349.2 million, or $0.78 per share. This was up from $174.5 million, or $0.64 per share, in last year's second quarter.

Analysts had expected the company to earn $0.72 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 147.4% to $3.86 billion. This was up from $1.56 billion last year.

Newell Rubbermaid Co. earnings at a glance:

-Earnings (Q2): $349.2 Mln. vs. $174.5 Mln. last year. -Earnings Growth (Y-o-Y): 100.1% -EPS (Q2): $0.78 vs. $0.64 last year. -EPS Growth (Y-o-Y): 21.9% -Analysts Estimate: $0.72 -Revenue (Q2): $3.86 Bln vs. $1.56 Bln last year. -Revenue Change (Y-o-Y): 147.4%

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