Newell Brands Report Q4 EPS Beat, But Outlook Disappoints 
<p><a href='https://financialmodelingprep.com/financial-summary/NWL'>Newell Brands (NASDAQ:NWL)</a> reported its Q4 results on Friday, with EPS of $0.16 coming in better than the Street estimate of $0.11. Revenue of $2.3 billion was roughly in line with the Street expectations. </p>
<p>However, the outlook was significantly lower than anticipated due to ongoing reductions in retailer inventory, decreased consumer spending on non-essential items, and expectations of an economic downturn.</p>
<p>For Q1/23, the company expects EPS in the range of ($0.06)-($0.03), compared to the Street estimate of $0.23, and revenue in the range of $1.79-1.84 billion, compared to the Street estimate of $2.04 billion.</p>
<p>For the full year, the company anticipates EPS in the range of $0.95-$1.08, compared to the Street estimate of $1.42, and revenue in the range of $8.4-8.6 billion, compared to the Street estimate of $9.08 billion.</p>

NASDAQ:NWL