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

Edgewell Personal Care (NYSE:EPC) issued its quarterly earnings data on Thursday. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.05, Briefing.com reports. The firm had revenue of $517.60 million for the quarter, compared to analysts’ expectations of $535.23 million. Edgewell Personal Care had a net margin of 5.26% and a return on equity of 9.92%. The company’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.72 earnings per share. 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

NYSE:EPC traded down $0.25 during mid-day trading on Friday, hitting $36.16. 482,697 shares of the stock were exchanged, compared to its average volume of 395,873. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.94 and a current ratio of 1.79. The firm’s 50-day simple moving average is $36.08 and its 200 day simple moving average is $38.06. Edgewell Personal Care has a fifty-two week low of $33.27 and a fifty-two week high of $41.50. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 15.43 and a beta of 0.86.

Edgewell Personal Care Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 3rd will be given a $0.15 dividend. 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 payout ratio is 25.42%.

Analyst Upgrades and Downgrades

EPC has been the topic of a number of research analyst reports. Barclays decreased their price objective on shares of 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. StockNews.com cut shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Friday, September 20th. UBS Group dropped their price target on shares of 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 lowered their price objective on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a research note 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 assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $41.00.

About Edgewell Personal Care

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.