MIDDLETON, Wis. (AP) — MIDDLETON, Wis. (AP) — Spectrum Brands Holdings, Inc. (SPB) on Thursday reported fiscal third-quarter net income of $6.1 million.
The Middleton, Wisconsin-based company said it had profit of 21 cents per share. Earnings, adjusted to account for discontinued operations and non-recurring costs, were $1.10 per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.35 per share.
The holding company posted revenue of $779.4 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $753.2 million.
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