Core Viewpoint - Edgewell Personal Care Company reported mixed financial results for the first quarter, with adjusted EPS exceeding market expectations but quarterly sales falling short of estimates [1] Financial Performance - The company posted an adjusted EPS of 3 cents, compared to market estimates of a loss of 16 cents [1] - Quarterly sales were reported at $422.800 million, missing market estimates of $477.676 million [1] - The FY2026 adjusted EPS guidance was cut from a range of $2.15-$2.55 to $1.70-$2.10, while the sales guidance for FY2026 was reaffirmed at $2.235 billion-$2.302 billion [1] Stock Performance - Following the earnings announcement, Edgewell Personal Care shares increased by 6.3%, trading at $21.03 [2] Analyst Ratings and Price Targets - Wells Fargo analyst Chris Carey maintained an Overweight rating on Edgewell Personal Care and raised the price target from $20 to $22 [3] - Barclays analyst Lauren Lieberman maintained an Equal-Weight rating and raised the price target from $19 to $21 [3]
Edgewell Personal Care Analysts Boost Their Forecasts After Q1 Earnings