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
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    @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

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

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