Energizer: Fiscal 4Q Earnings Snapshot
ST. LOUIS (AP) _ Energizer Holdings Inc. (ENR) on Thursday reported fiscal fourth-quarter profit of $1.5 million.
The St. Louis-based company said it had net income of 2 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, were 83 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share.
The battery and personal care products company posted revenue of $457.2 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $455.8 million.
For the year, the company reported profit of $93.5 million, or $1.52 per share. Revenue was reported as $1.8 billion.
Energizer expects full-year earnings in the range of $3.40 to $3.50 per share.
Energizer shares have climbed 17 percent since the beginning of the year.