Elizabeth Arden (RDEN) Reports Strong Q1 Results; Guides Q2, FY10
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Elizabeth Arden, Inc. (Nasdaq: RDEN) reports Q1 adj-EPS of $0.05, 11 cents better than the analyst estimate of ($0.06). Revenue for the quarter was $265.2 million, which compares to the estimate of $262.86 million.
Sees Q2 EPS of $0.65-$0.75, versus the consensus of $0.69, on sales of $380-$390 million, versus the Street estimate of $385.4 million.
Sees Fy10 EPS of $0.55-$0.65, versus the consensus of $0.59, on sales which will be up 2.5-3.5%.
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