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researcher59

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Re: SSKILLZ1 post# 96936

Tuesday, 08/09/2022 10:00:15 AM

Tuesday, August 09, 2022 10:00:15 AM

Post# of 114067
ACCO -.63 to 6.55 after missing estimates and lowering guidance. Your thoughts on the quarter ?

briefing -

ACCO Brands misses by $0.05, misses on revs; lowers FY22 guidance (7.18 +0.03) :
Reports Q2 (Jun) earnings of $0.37 per share, excluding non-recurring items, $0.05 worse than the S&P Capital IQ Consensus of $0.42; revenues rose 0.6% year/year to $521 mln vs the $538.15 mln S&P Capital IQ Consensus.
Co issues lowered guidance for FY22, sees EPS of $1.39-1.44 from $1.52 to $1.62, excluding non-recurring items, vs. $1.55 S&P Capital IQ Consensus; sees FY22 revs of (0.5)% to 1.5% from 1.0% to 6.0% to $2.014-2.055 bln vs. $2.11 bln S&P Capital IQ Consensus.
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