Edgewell Personal Care Company (NYSE: EPC) reported Q4 EPS of $1.11, $0.04 better than the analyst estimate of $1.07. Revenue for the quarter came in at $537.4 million versus the consensus estimate of $555.85 million.

• Net sales were $537.4 million in the fourth quarter of fiscal 2018, a decrease of 4.9% when compared to the prior year quarter, and $2,234.4 million for the full year, a decrease of 2.8% compared to the prior year. Organic net sales were down 4.7% for the quarter and 4.5% for the full year. (Organic basis excludes sales impact from the Jack Black and Bulldog acquisitions, the Playtex gloves divestiture, and the translational benefit from currency.)
• GAAP Diluted Earnings Per Share (\"EPS\") for the fourth quarter were $0.36, including a $0.34 after tax impact from a Sun Care reformulation charge and were $1.90 for the full year. Adjusted EPS were $1.11 for the quarter and $3.52 for the full year.
• The Company is providing its financial outlook for fiscal 2019.

"During the fourth quarter, we accelerated the pace of changes we are making under Project Fuel, successfully executed on growth initiatives across our categories and continued to deliver compelling innovation. Despite the challenging environment, we met our adjusted earnings per share expectations for the quarter and drove strong cash generation," said David Hatfield, Edgewell's Chief Executive Officer, President and Chairman of the Board. "Our performance this quarter reflects the competitive environment we have been navigating throughout the year, further highlighting the importance of Project Fuel, our enterprise-wide initiative to transform the Company's business and cost structure. Looking ahead to fiscal 2019, we are focused on delivering our targets for Project Fuel and continuing to invest in our growth initiatives. We are confident that these actions will position Edgewell to deliver enhanced shareholder value as a stronger, leaner and more agile competitor."

GUIDANCE:

Edgewell Personal Care Company sees FY2019 EPS of $3.30-$3.60, versus the consensus of $3.48. Edgewell Personal Care Company sees FY2019 revenue of $0 billion, versus the consensus of $2.25 billion.

For earnings history and earnings-related data on Edgewell Personal Care Company (EPC) click here.