ACCO Brands Corp <ACCO.N> expected to post earnings of 41 cents a share - Earnings Preview
ACCO Brands Corp ACCO.N, ACCO.K is expected to show a fall in quarterly revenue when it reports results on February 20 for the period ending December 31 2024
The Lake Zurich Illinois-based company is expected to report a 6.9% decrease in revenue to $455.067 million from $488.6 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for ACCO Brands Corp is for earnings of 41 cents per share.
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for ACCO Brands Corp is $12.00, above its last closing price of $5.37.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.23 | 0.23 | 0.23 | Met | 0 |
Jun. 30 2024 | 0.31 | 0.31 | 0.37 | Beat | 20.7 |
Mar. 31 2024 | 0.02 | 0.02 | 0.03 | Beat | 80 |
Dec. 31 2023 | 0.33 | 0.33 | 0.39 | Beat | 19.4 |
Sep. 30 2023 | 0.22 | 0.23 | 0.24 | Beat | 5.9 |
Jun. 30 2023 | 0.29 | 0.29 | 0.38 | Beat | 31 |
Mar. 31 2023 | 0.05 | 0.09 | 0.09 | Met | 3.8 |
Dec. 31 2022 | 0.33 | 0.33 | 0.32 | Missed | -4 |
This summary was machine generated February 18 at 21:04 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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