NEWELL BRANDS Reports FY2022 Q4 Earnings Results for December 31, 2022 on February 10, 2023.
February 21, 2023
Earnings Overview
On February 10, 2023, NEWELL BRANDS ($BER:NWL) announced their FY2022 Q4 earnings results for the period ending December 31, 2022. Net income also decreased by 18.5%, dropping to USD 2285.0 million in the fourth quarter.
Market Price
On Friday, February 10, 2023, NEWELL BRANDS released its fourth quarter earnings report for the period ending December 31, 2022. The report revealed that the company’s stock opened at €13.5 and closed at €13.5, down 3.9% from the previous closing price of 14.0. This dip in the company’s shares follows a trend seen in previous quarters despite the company’s growth and efforts towards improving its performance. NEWELL BRANDS continues to make progress towards its goal of improving profitability and cash flow despite a challenging economic landscape.
The company is focusing on cost-reduction initiatives and exploring new opportunities to drive revenue growth. With these measures in place and returns on investments expected to remain strong, the company looks well-positioned to grow in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Newell Brands. More…
| Total Revenues | Net Income | Net Margin |
| 9.46k | 197 | 5.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Newell Brands. More…
| Operations | Investing | Financing |
| -272 | 343 | -232 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Newell Brands. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.26k | 9.74k | 9.13 |
Key Ratios Snapshot
Some of the financial key ratios for Newell Brands are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -0.9% | 1.4% | 4.1% |
| FCF Margin | ROE | ROA |
| -6.2% | 6.7% | 1.8% |
Analysis
GoodWhale has completed its analysis of NEWELL BRANDS and our Star Chart shows that the company has a very high health score of 8/10 when taking into consideration cashflows and debt. This means that the company is well-positioned to sustain its operations in times of crisis. NEWELL BRANDS is considered to be strong in terms of profitability, medium in dividend and weak in asset and growth. Based on this analysis, NEWELL BRANDS can be classified as a ‘cow’, a type of company with the track record of consistent and sustainable dividend payments. This makes NEWELL BRANDS an attractive investment for a variety of investors, particularly those looking for a steady stream of income from the dividends. Investors seeking capital appreciation may also be interested in investing in the company, taking advantage of its steady performance to benefit from long-term investment gains. Finally, value investors looking for a bargain may also appreciate NEWELL BRANDS, as the current market conditions offer an opportunity to buy shares at a discounted price. More…
Summary
NEWELL BRANDS reported their Q4 earnings results for FY2022 on February 10th, 2023. Total revenue for the quarter was recorded as USD -249.0 million, a decrease of 359.4% compared to the same quarter a year prior. Net income reported was USD 2285.0 million, 18.5% lower than the last year’s same quarter result. The stock price dropped the same day in response to the results. Investors should conduct further due diligence on NEWELL BRANDS’ financials and outlook before making any decision to invest. This includes looking into areas such as current earnings estimates, operating performance, and the company’s competitive position in the industry.
Additionally, investors should be aware of potential risks and take into account the company’s liquidity when investing in NEWELL BRANDS.
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