Jefferies Raises Price Target on Energizer Holdings (ENR) Following 2Q Beat and Raise

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Go back to Jefferies Raises Price Target on Energizer Holdings (ENR) Following 2Q Beat and Raise

Energizer Holdings, Inc. Announces Fiscal 2016 Second Quarter Results and Raises Financial Outlook for Fiscal 2016

May 4, 2016 5:45 AM EDT

ST. LOUIS, May 4, 2016 /PRNewswire/ -- Energizer Holdings, Inc. (NYSE: ENR) today announced results for the second fiscal quarter, which ended March 31, 2016.  For the second fiscal quarter, net earnings were $16.4 million, or $0.26 per diluted share, compared to a net loss of $69.2 million, or a loss of $1.11 per diluted share, in the prior year second quarter. Adjusted net earnings in the second quarter were $18.5 million, or $0.30 per diluted share, compared to adjusted net earnings of $27.5 million, or $0.44 per diluted share, in the prior year second quarter.

"We... More