Edgewell Personal meets 1Q profit forecasts
Edgewell Personal Care meets 1Q earnings expectations, misses revenue forecasts
CHESTERFIELD, Mo. (AP) _ Edgewell Personal Care Co. (EPC) on Thursday reported fiscal first-quarter profit of $33.5 million.
On a per-share basis, the Chesterfield, Missouri-based company said it had net income of 58 cents. Earnings, adjusted for one-time gains and costs, came to 66 cents per share.
The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 66 cents per share.
The consumer products maker posted revenue of $485 million in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $495.9 million.
Edgewell Personal expects full-year earnings in the range of $3.80 to $4 per share.
Edgewell Personal shares have risen slightly more than 6 percent since the beginning of the year.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EPC at https://www.zacks.com/ap/EPC
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Keywords: Edgewell Personal Care, Earnings Report