Benzinga | Jul 28, 2021 05:09PM EDT

ACCO Brands Sees Q3 Adj. EPS $0.30-$0.35 vs $0.36 Est., Sales $515M-$545M vs $514.9M Est.; Sees FY21 Adj. EPS $1.35-$1.45 vs $1.22 Est., Sales $2B-$2.07B vs $1.96B Est.

Third quarter sales are expected to be in a range of $515 million to $545 million, with PowerA contributing $55 million to $65 million. Adjusted earnings per share are expected to be in a range of $0.30 to $0.35. The outlook includes a favorable foreign exchange impact of 2 percent on sales and $0.01 on adjusted earnings per share.

For the full year, sales are expected to be in a range of $2.0 billion to $2.07 billion, with PowerA contributing $255 million to $275 million. Adjusted earnings per share are expected to be in a range of $1.35 to $1.45. The outlook includes a favorable foreign exchange impact of 3 percent on sales and $0.05 on adjusted earnings per share.