ACCO Brands (ACCO) Projected to Post Quarterly Earnings on Thursday

ACCO Brands (NYSE:ACCO - Get Free Report) is expected to announce its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $318.75 million for the quarter. ACCO Brands has set its Q1 2025 guidance at -0.050--0.030 EPS and its FY 2025 guidance at 1.000-1.050 EPS.

ACCO Brands (NYSE:ACCO - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The industrial products company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.01). The company had revenue of $448.10 million for the quarter, compared to analysts' expectations of $455.06 million. ACCO Brands had a positive return on equity of 14.96% and a negative net margin of 6.10%. On average, analysts expect ACCO Brands to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

ACCO Brands Trading Up 0.4 %

Shares of ACCO stock traded up $0.02 during trading hours on Tuesday, hitting $3.84. 82,432 shares of the company were exchanged, compared to its average volume of 679,763. ACCO Brands has a 1 year low of $3.47 and a 1 year high of $6.44. The firm has a fifty day moving average of $4.22 and a 200 day moving average of $5.02. The company has a quick ratio of 0.94, a current ratio of 1.60 and a debt-to-equity ratio of 1.38. The firm has a market cap of $345.53 million, a PE ratio of -3.62, a PEG ratio of 0.37 and a beta of 1.60.

ACCO Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Friday, May 23rd will be issued a $0.075 dividend. The ex-dividend date is Friday, May 23rd. This represents a $0.30 annualized dividend and a yield of 7.82%. ACCO Brands's payout ratio is -28.30%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on ACCO shares. StockNews.com upgraded shares of ACCO Brands from a "hold" rating to a "buy" rating in a report on Friday, March 28th. Barrington Research cut their price target on shares of ACCO Brands from $7.50 to $7.00 and set an "outperform" rating on the stock in a report on Tuesday, February 25th.

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.