Edgewell Personal Care (NYSE:EPC) Announces Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Edgewell Personal Care (NYSE:EPC - Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.67 by $0.05, Briefing.com reports. Edgewell Personal Care had a return on equity of 9.92% and a net margin of 5.26%. The firm had revenue of $517.60 million during the quarter, compared to analysts' expectations of $535.23 million. During the same quarter last year, the firm earned $0.72 earnings per share. The business's revenue for the quarter was down 3.1% on a year-over-year basis. Edgewell Personal Care updated its FY25 guidance to $3.15-3.35 EPS and its FY 2025 guidance to 3.150-3.350 EPS.

Edgewell Personal Care Stock Performance

EPC traded down $0.25 during trading on Friday, hitting $36.16. The stock had a trading volume of 482,716 shares, compared to its average volume of 355,710. The firm has a market cap of $1.78 billion, a PE ratio of 18.45 and a beta of 0.86. The company has a current ratio of 1.79, a quick ratio of 0.94 and a debt-to-equity ratio of 0.82. Edgewell Personal Care has a 12 month low of $33.27 and a 12 month high of $41.50. The company has a 50 day simple moving average of $36.00 and a 200-day simple moving average of $38.05.

Edgewell Personal Care Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Tuesday, December 3rd will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.66%. The ex-dividend date is Tuesday, December 3rd. Edgewell Personal Care's dividend payout ratio is currently 30.61%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on EPC. StockNews.com lowered Edgewell Personal Care from a "buy" rating to a "hold" rating in a report on Friday, September 20th. Truist Financial reduced their target price on shares of Edgewell Personal Care from $50.00 to $40.00 and set a "buy" rating for the company in a research note on Wednesday, October 16th. Barclays dropped their price target on shares of Edgewell Personal Care from $40.00 to $37.00 and set an "equal weight" rating on the stock in a research note on Friday, October 11th. Finally, UBS Group reduced their price objective on shares of Edgewell Personal Care from $42.00 to $40.00 and set a "neutral" rating for the company in a research note on Wednesday, August 7th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Edgewell Personal Care has an average rating of "Hold" and an average target price of $41.00.

Edgewell Personal Care Company Profile

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.