Edgewell Personal: Fiscal 2Q Earnings Snapshot
Edgewell Personal: Fiscal 2Q Earnings Snapshot
SHELTON, Conn. (AP) _ Edgewell Personal Care Co. (EPC) on Thursday reported fiscal second-quarter profit of $48.2 million.
On a per-share basis, the Shelton, Connecticut-based company said it had profit of 89 cents. Earnings, adjusted for one-time gains and costs, were $1.13 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1 per share.
The consumer products maker posted revenue of $546.7 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $558.7 million.
Edgewell Personal expects full-year earnings in the range of $3.30 to $3.60 per share.
Edgewell Personal shares have increased roughly 7% since the beginning of the year.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EPC at https://www.zacks.com/ap/EPC