Stock Story -
Personal care company Edgewell Personal Care (NYSE:EPC) will be announcing earnings results tomorrow morning. Here's what to expect.
Edgewell Personal Care missed analysts' revenue expectations by 1.2% last quarter, reporting revenues of $599.4 million, flat year on year. It was a mixed quarter for the company, with a solid beat of analysts' earnings estimates but a miss of analysts' organic revenue growth estimates.
Is Edgewell Personal Care a buy or sell going into earnings? Find out by reading the original article on StockStory, it's free.
This quarter, analysts are expecting Edgewell Personal Care's revenue to be flat year on year at $649.7 million, slowing from the 4.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.01 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Edgewell Personal Care has missed Wall Street's revenue estimates twice over the last two years.
Looking at Edgewell Personal Care's peers in the consumer staples segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Herbalife (NYSE:HLF)'s revenues decreased 2.5% year on year, missing analysts' expectations by 3.6%, and USANA reported a revenue decline of 10.6%, falling short of estimates by 3.7%. Herbalife traded down 8.5% following the results while USANA was also down 3.1%.
Read the full analysis of Herbalife's and USANA's results on StockStory.
There has been positive sentiment among investors in the consumer staples segment, with share prices up 4% on average over the last month. Edgewell Personal Care's stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $44.9 (compared to the current share price of $39.19).
![Earnings To Watch: Edgewell Personal Care (EPC) Reports Q2 Results Tomorrow](https://d68-invdn-com.investing.com/content/pic8d17e7c8d8986a1f6410379fbf1d87b8.jpeg)