Edgewell Personal Care (EPC) To Report Earnings Tomorrow: Here Is What To Expect
Personal care company Edgewell Personal Care (NYSE:EPC) will be reporting earnings tomorrow before market open. Here's what to expect.
Last quarter Edgewell Personal Care reported revenues of $534.1 million, down 0.5% year on year, in line with analyst expectations. It was a decent quarter for the company, with an impressive beat of analysts' EPS estimates.
Is Edgewell Personal Care buy or sell heading into the earnings? Read our full analysis here, it's free.
This quarter analysts are expecting Edgewell Personal Care's revenue to grow 2.6% year on year to $481.4 million, improving on the 1.3% year-over-year increase in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.06 per share.
The analysts covering the company have been growing increasingly bullish about the business heading into the earnings, with revenue estimates seeing three upwards revisions over the last thirty days. The company missed Wall St's revenue estimates three times over the last two years.
Looking at Edgewell Personal Care's peers in the consumer staples segment, some of them have already reported Q1 earnings results, giving us a hint what we can expect. Estée Lauder's revenues decreased 7.4% year on year, beating analyst estimates by 0.9% and BellRing Brands reported revenues up 18.7% year on year, exceeding estimates by 5.4%. Estée Lauder was up 10.6% on the results, and BellRing Brands was flat.
Read our full analysis of Estée Lauder's results here and BellRing Brands's results here.
Investors in the consumer staples segment have had steady hands going into the earnings, with the stocks down on average 1.5% over the last month. Edgewell Personal Care is up 1.3% during the same time, and is heading into the earnings with analyst price target of $43.1, compared to share price of $37.04.
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The author has no position in any of the stocks mentioned.