Newell Rubbermaid exceeds expectations

ATLANTA — Newell Rubbermaid Inc. has reported a first-quarter profit of $54.1 million. Its earnings, adjusted for restructuring costs and non-recurring costs, were 36 cents per share. Those results exceeded Wall Street expectations—the average of 11 analysts surveyed by Zacks Investment Research projected earnings of 34 cents per share.

The consumer products company posted revenue of $1.26 billion over that time, which fell short of Street forecasts.