Edgewell Personal Care (EPC) Scheduled to Post Quarterly Earnings on Thursday

Edgewell Personal Care (NYSE:EPC) is set to issue its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.67 per share for the quarter. Edgewell Personal Care has set its FY24 guidance at $3.00 EPS and its FY 2024 guidance at 3.000-3.000 EPS.Parties that are interested in participating in the company’s conference call can do so using this link.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Tuesday, August 6th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.21. Edgewell Personal Care had a return on equity of 9.92% and a net margin of 5.26%. The business had revenue of $647.80 million during the quarter, compared to analysts’ expectations of $649.67 million. During the same period in the prior year, the business posted $0.98 EPS. The company’s revenue was down .3% compared to the same quarter last year. On average, analysts expect Edgewell Personal Care to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Edgewell Personal Care Price Performance

EPC opened at $35.97 on Thursday. The stock’s 50-day moving average price is $36.69 and its 200 day moving average price is $38.10. Edgewell Personal Care has a 12-month low of $33.27 and a 12-month high of $41.50. The company has a current ratio of 1.79, a quick ratio of 0.94 and a debt-to-equity ratio of 0.82. The firm has a market cap of $1.78 billion, a price-to-earnings ratio of 15.06 and a beta of 0.86.

Edgewell Personal Care Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 4th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.67%. The ex-dividend date was Wednesday, September 4th. Edgewell Personal Care’s payout ratio is 25.10%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on EPC shares. UBS Group decreased their target price on Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 7th. StockNews.com lowered Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Friday, September 20th. Barclays decreased their price objective on Edgewell Personal Care from $40.00 to $37.00 and set an “equal weight” rating for the company in a research note on Friday, October 11th. Finally, Truist Financial decreased their price objective on 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. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Edgewell Personal Care 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.