Edgewell Personal Care Co (EPC) Expected to Announce Earnings of $1.00 Per Share

Brokerages expect that Edgewell Personal Care Co (NYSE:EPC) will report $1.00 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Edgewell Personal Care’s earnings, with the lowest EPS estimate coming in at $0.99 and the highest estimate coming in at $1.00. Edgewell Personal Care posted earnings of $1.31 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 23.7%. The firm is scheduled to announce its next quarterly earnings report on Thursday, May 2nd.

According to Zacks, analysts expect that Edgewell Personal Care will report full year earnings of $3.40 per share for the current financial year, with EPS estimates ranging from $3.32 to $3.44. For the next fiscal year, analysts forecast that the company will report earnings of $3.58 per share, with EPS estimates ranging from $3.47 to $3.72. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for Edgewell Personal Care.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Thursday, February 7th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.15. Edgewell Personal Care had a net margin of 4.33% and a return on equity of 11.57%. The firm had revenue of $457.00 million during the quarter, compared to analyst estimates of $445.53 million. During the same quarter in the previous year, the business earned $0.20 EPS. The business’s quarterly revenue was down 2.4% compared to the same quarter last year.

A number of analysts have commented on the stock. Zacks Investment Research lowered shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Wednesday, April 10th. Wells Fargo & Co lifted their target price on shares of Edgewell Personal Care from $39.00 to $41.00 and gave the stock a “market perform” rating in a report on Tuesday, April 16th. Jefferies Financial Group reaffirmed a “hold” rating and set a $38.00 target price on shares of Edgewell Personal Care in a report on Thursday, February 7th. ValuEngine raised shares of Edgewell Personal Care from a “strong sell” rating to a “sell” rating in a report on Wednesday, February 13th. Finally, SunTrust Banks lifted their target price on shares of Edgewell Personal Care to $45.00 and gave the stock a “hold” rating in a report on Monday, March 4th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $45.82.

EPC opened at $43.40 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.46 and a quick ratio of 0.87. Edgewell Personal Care has a 52 week low of $35.85 and a 52 week high of $59.16. The firm has a market cap of $2.35 billion, a price-to-earnings ratio of 12.33, a price-to-earnings-growth ratio of 4.77 and a beta of 0.69.

Several hedge funds and other institutional investors have recently made changes to their positions in EPC. Renaissance Technologies LLC bought a new position in shares of Edgewell Personal Care during the third quarter worth $4,910,000. Deutsche Bank AG boosted its position in shares of Edgewell Personal Care by 32.6% during the third quarter. Deutsche Bank AG now owns 353,425 shares of the company’s stock worth $16,334,000 after purchasing an additional 86,954 shares in the last quarter. Jane Street Group LLC bought a new stake in Edgewell Personal Care in the 3rd quarter valued at $423,000. Man Group plc lifted its position in Edgewell Personal Care by 124.9% in the 3rd quarter. Man Group plc now owns 26,396 shares of the company’s stock valued at $1,220,000 after acquiring an additional 14,658 shares in the last quarter. Finally, MetLife Investment Advisors LLC lifted its position in Edgewell Personal Care by 21.6% in the 3rd quarter. MetLife Investment Advisors LLC now owns 71,285 shares of the company’s stock valued at $3,296,000 after acquiring an additional 12,678 shares in the last quarter. 97.12% of the stock is currently owned by institutional investors.

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.

See Also: Yield Curve

Get a free copy of the Zacks research report on Edgewell Personal Care (EPC)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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

Receive News & Ratings for Edgewell Personal Care Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Edgewell Personal Care and related companies with MarketBeat.com's FREE daily email newsletter.