April 26, 2018 / 10:47 AM / in 6 months

BRIEF-Spectrum Brands Reports Q2 Earnings Per Share $0.02 From Continuing Operations

April 26 (Reuters) - Spectrum Brands Holdings Inc:

* SPECTRUM BRANDS HOLDINGS REPORTS FISCAL 2018 SECOND QUARTER RESULTS FROM CONTINUING OPERATIONS AND LOWERS FULL-YEAR GUIDANCE

* Q2 ADJUSTED EARNINGS PER SHARE $0.56 FROM CONTINUING OPERATIONS

* Q2 EARNINGS PER SHARE $0.02 FROM CONTINUING OPERATIONS

* Q2 SALES $766.1 MILLION VERSUS I/B/E/S VIEW $798.8 MILLION

* Q2 EARNINGS PER SHARE VIEW $1.01 — THOMSON REUTERS I/B/E/S

* FY 18 CAPITAL EXPENDITURES ARE EXPECTED TO BE BETWEEN $110 MILLION-$120 MILLION.

* SPECTRUM BRANDS HOLDINGS - FISCAL 2018 ADJUSTED FREE CASH FLOW IS NOW PROJECTED TO BE ABOUT $485-$505 MILLION COMPARED TO PRIOR GUIDANCE OF $620-$640 MILLION

* SAYS FISCAL 2018 ADJUSTED EBITDA FROM DISCONTINUED OPERATIONS IS STILL EXPECTED TO BE APPROXIMATELY $300MLN -$310 MILLION

* SPECTRUM BRANDS HOLDINGS - EXPECTS FISCAL 2018 REPORTED NET SALES FROM CONTINUING OPERATIONS TO GROW ABOVE CATEGORY RATES FOR MOST CATEGORIES

* SPECTRUM BRANDS HOLDINGS - FISCAL 2018 ADJUSTED EBITDA FROM CONTINUING OPERATIONS IS NOW PROJECTED TO BE ABOUT $600 MILLION -$617 MILLION Source text for Eikon: Further company coverage:

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