Investing.com - Newell Brands reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Newell Brands announced earnings per share of $0.53 on revenue of $2.30. Analysts polled by Investing.com anticipated EPS of $0.47 on revenue of $2.25B.
Newell Brands shares are down 45.51% from the beginning of the year, still down 40.76% from its 52 week high of $26.45 set on February 16.
Newell Brands follows other major Consumer Discretionary sector earnings this month
Newell Brands's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on October 19 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar