Edgewell Personal: Fiscal 3Q Earnings Snapshot
SHELTON, Conn. (AP) _ Edgewell Personal Care Co. (EPC) on Tuesday reported a fiscal third-quarter loss of $441.4 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Shelton, Connecticut-based company said it had a loss of $8.16. Earnings, adjusted for one-time gains and costs, came to $1.11 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 94 cents per share.
The consumer products maker posted revenue of $609.2 million in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $613.6 million.
Edgewell Personal expects full-year earnings in the range of $3.40 to $3.50 per share.
Edgewell Personal shares have dropped 22% since the beginning of the year.