Edgewell Personal: Fiscal 4Q Earnings Snapshot
CHESTERFIELD, Mo. (AP) _ Edgewell Personal Care Co. (EPC) on Tuesday reported fiscal fourth-quarter net income of $19.4 million, after reporting a loss in the same period a year earlier.
The Chesterfield, Missouri-based company said it had net income of 36 cents per share. Earnings, adjusted for one-time gains and costs, were $1.11 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.
The consumer products maker posted revenue of $537.4 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $556.6 million.
For the year, the company reported profit of $103.3 million, or $1.90 per share. Revenue was reported as $2.23 billion.
Edgewell Personal expects full-year earnings in the range of $3.30 to $3.60 per share.
Edgewell Personal shares have dropped 22 percent since the beginning of the year.