-=Newell Brands (NWL) reported earnings on Fri 3 May 2019 (b/o)

Newell Brands beats by $0.08, beats on revs; guides Q2 EPS below consensus, revs in-line; reaffirms FY19 EPS guidance, revs guidance

• Reports Q1 (Mar) earnings of $0.14 per share, $0.08 better than the S&P Capital IQ Consensus of $0.06; revenues fell 5.5% year/year to $1.71 bln vs the $1.69 bln S&P Capital IQ Consensus.
• Co issues guidance for Q2, sees EPS of $0.34-0.38 vs. $0.47 S&P Capital IQ Consensus; sees Q2 revs of $2.10-2.15 bln vs. $2.11 bln S&P Capital IQ Consensus.
• Co reaffirms guidance for FY19, sees EPS of $1.50-1.65 vs. $1.56 S&P Capital IQ Consensus; sees FY19 revs of $8.2-8.4 bln vs. $8.35 bln S&P Capital IQ Consensus.