Edgewell Personal Care Company (EPC) Misses Q3 EPS by 12c, Lifts FY EPS Guidance

Edgewell Personal Care Company (NYSE: EPC) reported Q3 EPS of $0.66, $0.12 worse than the analyst estimate of $0.78. Revenue for the quarter came in at $645.1 million versus the consensus estimate of $647.52 million.

GUIDANCE:

Edgewell Personal Care Company sees FY2016 EPS of $3.45-$3.60, versus prior guidance of $3.30-$3.50 and the consensus of $3.41.

• Net sales are estimated to decrease by approximately 4%, including an unfavorable currency impact of $25 - $35 million, with the impact of the Venezuela deconsolidation and the Industrial sale of $66 million included in the prior year results. Excluding these items, organic net sales are estimated to be flat for the full year. International go-to-market changes are estimated to impact top line growth by approximately 1.5% for the full year, and are included in both the reported and organic estimates.

For earnings history and earnings-related data on Edgewell Personal Care Company (EPC) click here.

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