08:37 AM EDT, 05/09/2024 (MT Newswires) -- Spectrum Brands Holdings ( SPB ) reported fiscal Q2 adjusted earnings Thursday of $1.62 per diluted share, swinging from an adjusted loss of $0.14 per share a year earlier.

Analysts polled by Capital IQ expected normalized EPS of $0.61.

Net sales for the quarter ended March 31 were $718.5 million, down from $729.2 million a year earlier.

Analysts surveyed by Capital IQ expected $708.6 million.

The company said it now expects 2024 net sales "to be relatively flat," compared with its previous guidance of a low single-digits decline.

The company's shares were up 3% in premarket activity.

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