Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
ACCO Brands (ACCO)
NYSE:ACCO
Earnings Data
Report Date
Apr 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.08Last Year’s EPS
0.03Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: 0.00%
|Next Earnings Date:Apr 29, 2025
Earnings Call Sentiment|Neutral
ACCO Brands Corporation showed strong execution in cost reduction and debt management, leading to improved margins and cash flow. However, challenges such as sales decline, foreign currency impacts, and weakness in Brazil, along with an uncertain 2025 outlook, present significant hurdles.Company Guidance
During ACCO Brands Corporation's 2024 Q4 and full-year earnings call, key metrics were highlighted, including a free cash flow of $132 million and a net debt reduction of $94 million. The company implemented a $60 million multiyear cost reduction program in 2024, achieving $25 million in savings and expanding its operating margin by 70 basis points. Looking forward, ACCO aims for an additional $40 million in cost savings by 2026, targeting $100 million in total savings. For 2025, ACCO anticipates flat sales with an adjusted EPS range of $1.00 to $1.05, despite expecting a 1% to 5% sales decline. The adjusted tax rate is predicted to be approximately 30%, with free cash flow between $105 million and $115 million. For the first quarter of 2025, ACCO forecasts a 5% to 8% decline in comparable sales and a loss per share between $0.03 and $0.05. The company remains committed to strategic M&A opportunities while maintaining leverage targets.Successful Cost Reduction Program
ACCO implemented a $60 million multiyear cost reduction program in 2024 and realized approximately $25 million in savings during the year. The company expanded the program target to $100 million by 2026.
Strong Free Cash Flow and Debt Reduction
The company delivered free cash flow of $132 million for 2024 and reduced net debt by $94 million throughout the year.
Improved Financial Position and Capital Allocation
ACCO refinanced its bank credit facilities, extending maturity dates to 2029, and expanded its capital allocation program to include share repurchases.
Growth in Technology Accessories
The company experienced growth in technology accessories, driven by new product introductions and international expansion, particularly in the gaming sector.
International Segment Margin Improvement
The international adjusted operating income margin for Q4 2024 increased by 90 basis points to 16.5% due to pricing and cost reduction actions.
---
ACCO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
ACCO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $5.52 | ― | ― |
| Oct 31, 2024 | $4.84 | $5.19 | +7.23% |
| Aug 01, 2024 | $4.84 | $4.52 | -6.61% |
| May 02, 2024 | $4.72 | $4.68 | -0.85% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does ACCO Brands (ACCO) report earnings?
ACCO Brands (ACCO) is schdueled to report earning on Apr 29, 2025, TBA Not Confirmed.
What is ACCO Brands (ACCO) earnings time?
ACCO Brands (ACCO) earnings time is at Apr 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ACCO EPS forecast?
ACCO EPS forecast for the fiscal quarter 2025 (Q1) is 0.08.
---