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

Edgewell Personal Care (NYSE:EPC) announced its quarterly earnings results on Thursday. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.05, Briefing.com reports. The company had revenue of $517.60 million during the quarter, compared to analyst estimates of $535.23 million. Edgewell Personal Care had a return on equity of 9.92% and a net margin of 5.26%. The firm’s quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.72 EPS. 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 Trading Down 0.7 %

Shares of Edgewell Personal Care stock traded down $0.25 on Friday, reaching $36.16. 482,697 shares of the company were exchanged, compared to its average volume of 395,873. 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 fifty-two week low of $33.27 and a fifty-two week high of $41.50. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 15.43 and a beta of 0.86. The stock has a fifty day moving average price of $36.08 and a 200-day moving average price of $38.06.

Edgewell Personal Care Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 3rd will be paid 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 presently 25.42%.

Wall Street Analysts Forecast Growth

EPC has been the topic of a number of recent analyst reports. StockNews.com downgraded shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday, September 20th. Barclays dropped their target price on Edgewell Personal Care from $40.00 to $37.00 and set an “equal weight” rating on the stock in a report on Friday, October 11th. UBS Group lowered their price target on Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 7th. Finally, Truist Financial cut their price objective on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target 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.