How can Newell Brands (NWL) have a positive EPS for the most recent quarter despite reporting negative earnings?

Question

Currently looking at their Yahoo! Finance page. They have earnings of -$7.31 billion for 3Q2018, yet the EPS for Q3 is report as 0.81. Shouldn't the EPS be negative as well?

Pete B. · Answer

I am not exactly sure what you are looking at, but on the balance sheet there seems to be an answer to your question.

In Q3/2018 Net Income is (54,400)
There is also a Non-Reoccurring revenue source (discounted operations) of 107,000

This resulted in Net Income Applicable to Shareholders of 53,300, and would result in a positive EPS.

How can Newell Brands (NWL) have a positive EPS for the most recent quarter despite reporting negative earnings?

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