AP NEWS

Edgewell Personal: Fiscal 1Q Earnings Snapshot

February 10, 2020 GMT

SHELTON, Conn. (AP) _ Edgewell Personal Care Co. (EPC) on Monday reported fiscal first-quarter net income of $22.4 million.

On a per-share basis, the Shelton, Connecticut-based company said it had profit of 41 cents. Earnings, adjusted for one-time gains and costs, were 55 cents per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share.

The consumer products maker posted revenue of $454 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $439.9 million.

Edgewell Personal expects full-year earnings in the range of $2.95 to $3.15 per share.

Edgewell Personal shares have fallen 1.5% since the beginning of the year.

_____

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