1

Currently looking at their Yahoo! Finance page. They have earnings of -$7.31 billion for 3Q2018, yet the EPS for Q3 is report as 0.81. Shouldn't the EPS be negative as well?

  • $7B is a pretty big number for a company I've never heard of.... – xyious Dec 12 '18 at 22:05
  • 1
    @xyious I strongly suspect your employer is their number one customer. The company used to be called NewellRubbermaid until 2016, but they also own the Sharpie, Sunbeam, Rival, Crock-Pot, Oster, Mr. Coffee, Xacto brands and more. – user71659 Dec 13 '18 at 2:08
  • Still, think about the sheer scale of that number. Less than 2000 companies even have revenues over $1B. Let alone losing $7B. – xyious Dec 13 '18 at 16:29
  • I checked against their quarterly earnings report and it is correct (it's due to a lot of reorganizing). But my question still remains. – Shawn Zamperini Dec 14 '18 at 17:06
0

I am not exactly sure what you are looking at, but on the balance sheet there seems to be an answer to your question.

In Q3/2018 Net Income is (54,400) There is also a Non-Reoccurring revenue source (discounted operations) of 107,000

This resulted in Net Income Applicable to Shareholders of 53,300, and would result in a positive EPS.

  • Are those numbers you listed not for Q1/2018? I think for Q3/2018 the Net Income Applicable to Shareholders is (7,311,000). – Shawn Zamperini Dec 12 '18 at 20:52

Your Answer

By clicking "Post Your Answer", you acknowledge that you have read our updated terms of service, privacy policy and cookie policy, and that your continued use of the website is subject to these policies.

Not the answer you're looking for? Browse other questions tagged or ask your own question.