Edgewell Personal Care Company's (EPC) Strong 1Q Results Driven by Underlying Growth - UBS Raises Price target to $84

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Go back to Edgewell Personal Care Company's (EPC) Strong 1Q Results Driven by Underlying Growth - UBS Raises Price target to $84

Edgewell Personal Care Company Announces First Quarter Fiscal 2016 Results and Reaffirms Fiscal Year 2016 Outlook

February 3, 2016 6:47 AM EST

ST. LOUIS, Feb. 3, 2016 /PRNewswire/ -- Edgewell Personal Care Company (NYSE: EPC) today announced results for its first fiscal quarter, which ended December 31, 2015.

Executive Summary

1Q organic net sales grew 0.5%, including a 240 basis point impact from international go-to-market changes. 1Q Adjusted EBITDA was $94.4 million. 1Q GAAP Diluted Earnings Per Share ("EPS") was $0.39, Adjusted EPS was $0.68. The Company's outlook for fiscal 2016 remains unchanged, with relatively flat organic net sales, Adjusted EPS of $3.20-$3.40 and $440-$460 million in Adjusted... More