Edgewell Personal Care (EPC) Issues FY18 Earnings Guidance

Edgewell Personal Care (NYSE:EPC) updated its FY18 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $3.45-3.55 for the period, compared to the Thomson Reuters consensus estimate of $3.45. The company issued revenue guidance of decline of 2% to $2.25 billion, compared to the consensus revenue estimate of $2.27 billion.

A number of research firms have commented on EPC. TheStreet upgraded shares of Edgewell Personal Care from a d+ rating to a c- rating in a research note on Wednesday, August 22nd. Citigroup increased their price objective on shares of Edgewell Personal Care from $53.00 to $61.00 and gave the company a buy rating in a research note on Friday, June 29th. Deutsche Bank reduced their price objective on shares of Edgewell Personal Care from $48.00 to $43.00 and set a hold rating on the stock in a research note on Friday, May 4th. Zacks Investment Research cut shares of Edgewell Personal Care from a buy rating to a hold rating in a report on Monday, August 13th. Finally, Jefferies Financial Group increased their target price on shares of Edgewell Personal Care from $48.00 to $49.00 and gave the stock a hold rating in a report on Wednesday, August 8th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of $54.18.

Shares of NYSE:EPC traded up $0.08 on Friday, reaching $56.47. 441,600 shares of the company’s stock were exchanged, compared to its average volume of 790,224. The stock has a market capitalization of $3.07 billion, a price-to-earnings ratio of 14.18, a price-to-earnings-growth ratio of 5.44 and a beta of 0.85. Edgewell Personal Care has a fifty-two week low of $39.50 and a fifty-two week high of $76.76. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.79 and a current ratio of 1.25.

Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Tuesday, August 7th. The company reported $0.91 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.78 by $0.13. Edgewell Personal Care had a negative net margin of 2.85% and a positive return on equity of 10.99%. The company had revenue of $620.60 million for the quarter, compared to analysts’ expectations of $619.95 million. During the same period in the prior year, the company earned $1.11 earnings per share. The firm’s revenue was down 2.7% compared to the same quarter last year. sell-side analysts expect that Edgewell Personal Care will post 3.48 EPS for the current fiscal year.

About Edgewell Personal Care

Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the wet shave, sun and skin care, feminine care and infant care categories. As of September 30, 2016, the Company had a portfolio of over 25 brands. It manages its business in four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other.

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Earnings History and Estimates for Edgewell Personal Care (NYSE:EPC)

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