Newell Brands Q2 profit beats on tariff recoveries, higher margins; outlook raised
NWL•Key second-quarter details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Sales | Slight Beat* | $1.99 bln | $1.98 bln (7 Analysts) |
| Q2 Normalized EPS | Beat | $0.42 | $0.20 (9 Analysts) |
| Q2 EPS | $0.25 |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst coverage and valuation
- The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"
- The average consensus recommendation for the appliances, tools & housewares peer group is "hold"
- Wall Street's median 12-month price target for Newell Brands Inc is $4.75, about 7.6% below its July 30 closing price of $5.14
- The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 6 three months ago
Updated outlook for sales growth and EPS
- Newell Brands sees Q3 net sales growth of 2% to 3%
- Company raises full-year 2026 net sales outlook to 1% to 2% growth
- Newell Brands expects full-year normalized EPS of $0.73 to $0.77
