Recap: ACCO Brands Q2 Earnings

ACCO Brands ACCO reported its Q2 earnings results on Monday, August 8, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

ACCO Brands missed estimated earnings by 11.9%, reporting an EPS of $0.37 versus an estimate of $0.42.

Revenue was up $3.20 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 2.62% drop in the share price the next day.

Here's a look at ACCO Brands's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.09	0.48	0.34	0.26
EPS Actual	0.11	0.54	0.33	0.43
Revenue Estimate	420.27M	560.93M	531.45M	474.16M
Revenue Actual	441.60M	570.30M	526.70M	517.80M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

ACCO Brands management provided guidance for FY 2022, expecting earnings between $1.39 and $1.44 per share.

To track all earnings releases for ACCO Brands visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.