MIDDLETON, Wis. (AP) — MIDDLETON, Wis. (AP) — Spectrum Brands Holdings, Inc. (SPB) on Thursday reported fiscal second-quarter earnings of $22.1 million.
The Middleton, Wisconsin-based company said it had net income of 94 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to $1.25 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share.
The holding company posted revenue of $708.9 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $672.8 million.
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