Sneak Preview of Hamilton Beach Brands Holding Company ($HBB) 3Q20 Earnings

Hamilton Beach Brands Holding Company (NYSE:HBB) is reporting third quarter earnings results on Monday 9th November 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 0.56 per share from $ 162.70 million in revenue.

For the full year, analysts predict revenues of $ 634.50 million, while looking forward to income of $ 2.20 per share.

Previous Quarter Performance

Hamilton Beach Brands Holding Company recorded income for the second quarter of $ 0.59 per share, from the revenue of $ 138.30 million.

Stock Performance

On Friday, shares of Hamilton Beach Brands Holding Company has traded high as $ 23.73 and has cracked $ 21.26 on the downward trend, reaching $ 21.97 with volume of 81.60 thousand shares.

According to the previous trading day, closing price of $ 21.97, representing a 257.78 % increase from the 52 week low of $ 6.68 and a 4.4 % decrease over the 52 week high of $ 25.00.

The company has a market capital of $ 300.32 million and is part of the Technology sector and Consumer Electronics industry.

Hamilton Beach Brands Holding Company, together with its subsidiaries, operates in the consumer, commercial, specialty small appliance, and specialty retail market in the United States and internationally. It designs, markets, and distributes a range of small branded electric household and specialty housewares small appliances, including blenders, can openers, coffeemakers, food processors, indoor electric grills, irons, mixers, slow cookers, toasters, and toaster ovens, as well as commercial products for restaurants, bars, and hotels under the Hamilton Beach Commercial and Proctor Silex Commercial brands. The company also offers counter top appliances and kitchen tools under the Wolf Gourmet brand; garment-care line products under CHI brand name; and game and garden food processing equipment, such as meat grinders, bag sealers, dehydrators, and meat slicers under the Weston brand, as well as several private-label brand names.

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