Energizer Holdings Reports Fiscal Q2 EPS Beat

Energizer Holdings (ENR) reported financial results for fiscal Q2, with better-than-expected earnings and revenue that matched analysts’ forecasts; it also provided guidance for fiscal 2018 EPS in line with estimates.

The manufacturer of household batteries, specialty batteries, and lighting products posted adjusted earnings of $0.45 per share, compared with the prior-year period’s $0.50 per share. Analysts polled by Capital IQ were expecting EPS of $0.42.

Revenue was $374.4 million, up from $359 million in the same quarter last year. The Street view was for revenue of $374.3 million.

The company continues to expect FY18 adjusted EPS $3.30 to $3.40 versus the Street view of $3.39.

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