ACCO Brands (NYSE:ACCO – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of -0.050–0.030 for the period, compared to the consensus EPS estimate of 0.060. The company issued revenue guidance of $330.2 million-$341.0 million, compared to the consensus revenue estimate of $362.8 million. ACCO Brands also updated its FY 2025 guidance to 1.000-1.050 EPS.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on ACCO shares. Barrington Research increased their price target on shares of ACCO Brands from $7.00 to $7.50 and gave the company an “outperform” rating in a report on Friday, November 22nd. StockNews.com cut ACCO Brands from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 20th.
Get Our Latest Analysis on ACCO
ACCO Brands Price Performance
ACCO Brands Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Friday, March 14th will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 5.41%. The ex-dividend date is Friday, March 14th. ACCO Brands’s payout ratio is -15.87%.
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.
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