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Newell Brands, Inc. Bottom Line Declines In Q4

Newell Brands, Inc. (NWL) revealed earnings for fourth quarter that lost ground from last year.

The company said its profit came in at $334.8 million, or $0.68 per share. This was lower than $389.9 million, or $0.80 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.67 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 9.7% to $3.74 billion. This was down from $4.14 billion last year.

Newell Brands, Inc. earnings at a glance:

-Earnings (Q4): $334.8 Mln. vs. $389.9 Mln. last year.
-Earnings Decline (Y-o-Y): -14.1%
-EPS (Q4): $0.68 vs. $0.80 last year.
-EPS Decline (Y-o-Y): -15.0%
-Analysts Estimate: $0.67
-Revenue (Q4): $3.74 Bln vs. $4.14 Bln last year.
-Revenue Change (Y-o-Y): -9.7%

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