What To Expect From Edgewell Personal Care's (EPC) Q1 Earnings
Personal care company Edgewell Personal Care (NYSE:EPC) will be reporting results tomorrow before the bell. Here's what to look for.
Edgewell Personal Care beat analysts' revenue expectations by 1.6% last quarter, reporting revenues of $488.9 million, up 4.2% year on year. It was a decent quarter for the company, with an impressive beat of analysts' earnings estimates.
Is Edgewell Personal Care a buy or sell going into earnings? Read our full analysis here, it's free.
This quarter, analysts are expecting Edgewell Personal Care's revenue to grow 1.3% year on year to $606.4 million, slowing from the 9.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.72 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Edgewell Personal Care has missed Wall Street's revenue estimates twice over the last two years.
Looking at Edgewell Personal Care's peers in the personal care segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Coty delivered year-on-year revenue growth of 7.5%, meeting analysts' expectations, and USANA reported a revenue decline of 8.3%, in line with consensus estimates. USANA traded up 9.6% following the results.
Read our full analysis of Coty's results here and USANA's results here.
Investors in the personal care segment have had steady hands going into earnings, with share prices flat over the last month. Edgewell Personal Care is up 2.6% during the same time and is heading into earnings with an average analyst price target of $43.9 (compared to the current share price of $37.52).
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