ACCO Brands Corp (ACCO, Financial) is set to release its Q3 2024 earnings on Oct 31, 2024. The consensus estimate for Q3 2024 revenue is $418.20 million, and the earnings are expected to come in at $0.16 per share. The full year 2024's revenue is expected to be $1.67 billion and the earnings are expected to be $-0.91 per share. More detailed estimate data can be found on the Forecast page.
ACCO Brands Corp (ACCO, Financial) Estimates Trends
Over the past 90 days, revenue estimates for ACCO Brands Corp (ACCO) for the full year 2024 have declined from $1.73 billion to $1.67 billion, and for 2025 from $1.79 billion to $1.71 billion. Earnings estimates for the full year 2024 have declined from $0.68 per share to $-0.91 per share, while for 2025, they have increased from $0.89 per share to $1.01 per share.
ACCO Brands Corp (ACCO, Financial) Reported History
In the previous quarter of 2024-06-30, ACCO Brands Corp's (ACCO) actual revenue was $438.30 million, which missed analysts' revenue expectations of $452.73 million by -3.19%. ACCO Brands Corp's (ACCO) actual earnings were $-1.29 per share, which missed analysts' earnings expectations of $0.22 per share by -686.36%. After releasing the results, ACCO Brands Corp (ACCO) was down by -6.63% in one day.
ACCO Brands Corp (ACCO, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 3 analysts, the average target price for ACCO Brands Corp (ACCO) is $10.67 with a high estimate of $13 and a low estimate of $7. The average target implies an upside of 119.03% from the current price of $4.87.
Based on GuruFocus estimates, the estimated GF Value for ACCO Brands Corp (ACCO, Financial) in one year is $5.03, suggesting an upside of 3.29% from the current price of $4.87.
Based on the consensus recommendation from 2 brokerage firms, ACCO Brands Corp's (ACCO, Financial) average brokerage recommendation is currently 1.5, indicating a "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
