Stock Track | ACCO Brands Plunges 9.42% in Pre-Market on Q4 Earnings Miss and Revenue Decline

Stock Track
02-21

ACCO Brands Corp (ACCO) stock plummeted 9.42% in the pre-market trading session on Friday, February 21st, 2025. This significant drop appears to be linked to the company's disappointing fourth-quarter earnings report for 2024.

According to the earnings summary, ACCO Brands reported adjusted earnings per share (EPS) of $0.39 for the quarter ended December 31, 2024, missing the average analyst estimate of $0.41. Additionally, the company's revenue fell 8.3% year-over-year to $448.10 million, falling short of the expected $455.07 million.

The lower-than-expected earnings and revenue decline seem to be the primary factors contributing to ACCO Brands' substantial pre-market stock plunge. Investors reacted negatively to the company's failure to meet Wall Street's projections, leading to the significant sell-off.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10