Personal care company Edgewell Personal Care (NYSE:EPC) will be reporting earnings tomorrow before market open. Here’s what you need to know.
Edgewell Personal Care missed analysts’ revenue expectations by 3.3% last quarter, reporting revenues of $517.6 million, down 3.1% year on year. It was a softer quarter for the company, with a significant miss of analysts’ organic revenue and EBITDA 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 decline 1.8% year on year to $480 million, a reversal from the 4.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.12 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 three times over the last two years.
Looking at Edgewell Personal Care’s peers in the consumer staples segment, some have already reported their Q4 results, giving us a hint as to what we can expect. e.l.f. Beauty delivered year-on-year revenue growth of 31.1%, beating analysts’ expectations by 7.8%, and Estée Lauder reported a revenue decline of 6.4%, topping estimates by 0.7%. e.l.f. Beauty traded down 19.7% following the results while Estée Lauder was also down 20.4%.
Read our full analysis of e.l.f. Beauty’s results here and Estée Lauder’s results here.
Investors in the consumer staples segment have had fairly steady hands going into earnings, with share prices down 1.9% on average over the last month. Edgewell Personal Care is down 1.1% during the same time and is heading into earnings with an average analyst price target of $40.63 (compared to the current share price of $31.60).
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