Personal care company Edgewell Personal Care (NYSE: EPC) will be announcing earnings results this Wednesday morning. Here’s what to expect.
Edgewell Personal Care missed analysts’ revenue expectations last quarter, reporting revenues of $422.8 million, up 1.9% year on year. It was a softer quarter for the company, with full-year EBITDA guidance missing analysts’ expectations significantly and a significant miss of analysts’ revenue estimates.
Is Edgewell Personal Care a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Edgewell Personal Care’s revenue to be flat year on year, improving from the 13.8% decrease it recorded in the same quarter last year.
The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings.
Looking at Edgewell Personal Care’s peers in the consumer staples segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Medifast’s revenues decreased 34.3% year on year, beating analysts’ expectations by 9.9%, and Estée Lauder reported revenues up 4.6%, in line with consensus estimates. Estée Lauder traded up 6% following the results.
Read our full analysis of Medifast’s results here and Estée Lauder’s results here.
Investors in the consumer staples segment have had steady hands going into earnings, with share prices up 1.3% on average over the last month. Edgewell Personal Care is up 1.2% during the same time and is heading into earnings with an average analyst price target of $24.17 (compared to the current share price of $21.57).
ALSO WORTH WATCHING: Nvidia’s Quiet Partner. Nvidia’s chips cost a hundred grand. The connectors that make them work cost even more. One company makes them all.
Every AI server needs specialized infrastructure the chip companies don’t make. High-speed cables. Power connectors. Thermal sensors. This 90-year-old company built a monopoly on it. The AI boom just started. This stock is still flying under the radar. Claim The Stock Ticker Here for FREE.
