Edgewell Personal Care's Shares Rise Amid Lower Fiscal Q4 Earnings

MT Newswires Live
2024-11-07

Edgewell Personal Care (EPC) shares were up more than 1% in recent trading Thursday after the company reported its fiscal Q4 earnings that beat market expectations.

The company posted fiscal Q4 adjusted earnings of $0.72 per diluted share, down from $0.73 a year earlier. Analysts polled by Capital IQ expected $0.67.

Net sales for the quarter ended Sept. 30 were $517.6 million, down from $534.1 million a year earlier. Analysts surveyed by Capital IQ estimated $532.7 million.

For fiscal 2025, the company said it expects adjusted EPS of $3.15 to $3.35. Analysts polled by Capital IQ expect $3.22.

Meanwhile, net sales for the fiscal year are projected to increase by about 1.7% to 3.7%.

Price: 36.92, Change: +0.57, Percent Change: +1.57

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