ACCO Brands (ACCO) Expected to Announce Quarterly Earnings on Thursday

ACCO Brands (NYSE:ACCO - Get Free Report) is anticipated to issue its Q4 2024 quarterly earnings data after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of $0.40 per share and revenue of $455.06 million for the quarter. ACCO Brands has set its Q1 2025 guidance at -0.050--0.030 EPS and its FY 2025 guidance at 1.000-1.050 EPS.Parties interested in registering for the company's conference call can do so using this link.

ACCO Brands (NYSE:ACCO - Get Free Report) last announced its earnings results on Thursday, February 20th. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.01). ACCO Brands had a positive return on equity of 14.30% and a negative net margin of 10.64%. The business had revenue of $448.10 million for the quarter, compared to analyst estimates of $455.06 million. On average, analysts expect ACCO Brands to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

ACCO Brands Price Performance

ACCO traded down $1.07 on Friday, hitting $4.45. 2,197,926 shares of the company's stock were exchanged, compared to its average volume of 661,958. ACCO Brands has a fifty-two week low of $4.34 and a fifty-two week high of $6.49. The company has a current ratio of 1.60, a quick ratio of 0.94 and a debt-to-equity ratio of 1.38. The firm has a 50-day moving average price of $5.28 and a 200-day moving average price of $5.37. The stock has a market cap of $413.32 million, a price-to-earnings ratio of -2.35, a P/E/G ratio of 0.41 and a beta of 1.68.

ACCO Brands Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Friday, March 14th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.30 annualized dividend and a dividend yield of 6.74%. ACCO Brands's payout ratio is -15.87%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. StockNews.com cut shares of ACCO Brands from a "strong-buy" rating to a "buy" rating in a research report on Friday, December 20th. Barrington Research boosted their price target on shares of ACCO Brands from $7.00 to $7.50 and gave the company an "outperform" rating in a research report on Friday, November 22nd.

ACCO Brands Company Profile

ACCO Brands Corporation designs, manufactures, and markets consumer, school, technology, and office products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company provides computer and gaming accessories, planners, dry erase boards, school notebooks, and janitorial supplies; storage and organization products, such as lever-arch binders, sheet protectors, and indexes; sheet protectors and indexes; laminating, binding, and shredding machines; writing instruments and art products; stapling and punching products; and do-it-yourself tools.