Spectrum Brands and Sprout Social Beat Quarterly Earnings Estimates
Spectrum Brands reported third‑quarter earnings of $2.79 per share, surpassing analysts' consensus of $1.46. Revenue rose 7.7% year over year to $753.3 million, driven by a record $225 million from its Home & Garden segment. The company raised its fiscal‑2026 adjusted EBITDA outlook and ended the quarter with about $260 million in cash and a $15.8 million stock repurchase.
Sprout Social posted second‑quarter earnings of $0.26 per share, beating the $0.16 consensus. Revenue reached $123.85 million, up roughly 10% from the prior year. Management lifted its full‑year 2026 EPS guidance to $1.11‑$1.15 and its third‑quarter guidance to $0.29‑$0.30. The firm closed the quarter with approximately $119.9 million in cash, and its shares opened higher after the results were announced.
Entities: Spectrum Brands · Sprout Social