ACCO Brands (NYSE:ACCO – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 1.000-1.050 for the period, compared to the consensus earnings per share estimate of 1.130. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.7 billion. ACCO Brands also updated its Q1 2025 guidance to -0.050–0.030 EPS.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on ACCO. StockNews.com downgraded shares of ACCO Brands from a “strong-buy” rating to a “buy” rating in a report on Friday, December 20th. Barrington Research upped their price target on shares of ACCO Brands from $7.00 to $7.50 and gave the stock an “outperform” rating in a report on Friday, November 22nd.
Check Out Our Latest Report on ACCO Brands
ACCO Brands Price Performance
ACCO Brands (NYSE:ACCO – Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The industrial products company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.01). ACCO Brands had a negative net margin of 10.64% and a positive return on equity of 14.30%. Research analysts predict that ACCO Brands will post 1.04 earnings per share for the current fiscal year.
ACCO Brands Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Friday, March 14th will be paid a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 5.41%. The ex-dividend date of this dividend is Friday, March 14th. ACCO Brands’s payout ratio is -15.87%.
About ACCO Brands
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.
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