|Over a month ago|
Edgewell raises FY21 adjusted EPS view to $2.80-$2.90 from $2.62-$2.82 » 06:3508/0508/05/21
Consensus $2.77. Backs…
Consensus $2.77. Backs FY21 revenue view up mid-single digits, consensus $2.04B
Edgewell Personal Care reports Q3 adjusted EPS 89c, consensus 82c » 06:3308/0508/05/21
Reports Q3 revenue…
Reports Q3 revenue $573.7M, consensus $534.25M. "This was a strong quarter highlighted by double digit organic net sales growth that exceeded our expectations, gross margin accretion, and meaningful increases in adjusted EPS and free cash flow. Additionally, we were encouraged to see strong consumption growth in our core Wet Shave and Sun Care categories in North America, although COVID-19 continued to negatively impact many of our international markets. Our organization continued to execute well against our strategic priorities, delivering $19 million in gross Project Fuel savings in the quarter, helping to offset significantly higher commodity and other input costs. Importantly, our results are underpinned by meaningful investments in our brands and products, innovation and increased digital engagement and activation, all of which are important catalysts to our sustained long-term growth." said Rod Little, Edgewell's president and CEO.
Fly Intel: Top five analyst initiations » 09:5407/1407/14/21
ALC, HIBB, ELF, EPC, DTM
Catch up on today's…
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Alcon (ALC) initiated with a Buy at Deutsche Bank. 2. Hibbett Sports (HIBB) initiated with a Buy at Benchmark. 3. e.l.f. Beauty (ELF) initiated with an Outperform at Raymond James. 4. Edgewell Personal Care (EPC) initiated with a Market Perform at Raymond James. 5. DT Midstream (DTM) initiated with an Overweight at JPMorgan. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
Edgewell Personal Care initiated with a Market Perform at Raymond James » 06:3407/1407/14/21
Raymond James analyst…
Raymond James analyst Olivia Tong initiated coverage of Edgewell Personal Care with a Market Perform rating and no price target. While Edgewell has "a number" of positives going for it, including well-recognized brands and pockets of growth, there is a lack of visibility on what will fund brand investments as Project Fuel wraps up and whether more will be necessary to support still sluggish sales growth overall, Tong tells investors in a research note.
Edgewell Personal Care initiated with a Market Perform at Raymond James » 16:3507/1307/13/21
Raymond James analyst…
Raymond James analyst Olivia Tong initiated coverage of Edgewell Personal Care with a Market Perform rating and no price target.
|Over a quarter ago|
Goldman Sachs to hold a virtual forum » 10:4405/1805/18/21
NOMD, CCEP, EPC, CELH, FRPT, PM, SMPL, PDRDY, HENKY, KHC, CL, INGR, GS, STZ, IFF, BLL, ADV, SJM, SAFM, SAM, VITL
Global Staples Virtual…
Global Staples Virtual Forum will be held on May 18. Webcast Link
Edgewell Personal Care price target raised to $55 from $45 at Truist » 08:5805/0705/07/21
Truist analyst Bill…
Truist analyst Bill Chappell raised the firm's price target on Edgewell Personal Care to $55 from $45 and keeps a Buy rating on the shares. The company reported lower than expected sales but better than anticipated earnings and should continue to see progress in stabilizing the underlying business trends, the analyst tells investors in a research note. Chappell adds that Edgewell's current valuation more than discounts any potential bumps in the quarters ahead.
Edgewell Personal Care price target raised to $50 from $45 at RBC Capital » 06:4005/0705/07/21
RBC Capital analyst Nik…
RBC Capital analyst Nik Modi raised the firm's price target on Edgewell Personal Care to $50 from $45 and keeps an Outperform rating on the shares. The company missed on the top-line but its Q1 earnings outperformed expectations as Wet Shave category led the way "for the first time in a long time", the analyst tells investors in a research note. Edgewell is "executing remarkably well" in the current difficult environment and also looks to be positioned well for the long-term, Modi adds.
Edgewell Personal Care backs FY21 adj. EPS view $2.62-$2.82, consensus $2.74 » 06:1205/0605/06/21
Backs FY21 revenue view…
Backs FY21 revenue view up mid-single digits, consensus $2.06B.
Edgewell Personal Care reports Q2 adjusted EPS 70c, consensus 59c » 06:1105/0605/06/21
Reports Q2 revenue…
Reports Q2 revenue $519.3M, consensus $531.12M. "I am pleased with how our organization continues to execute against our strategic priorities while navigating the ongoing impact of COVID-19 on our business, resulting in first half financial performance largely in line with our expectations. This performance was highlighted by an expansion in gross margin and increased investment in strengthening brand equity, new product innovation, and enhancing our digital platform. The innovation we have brought to the Wet Shave category is benefiting that business, and the positive inflection we saw in our Sun Care business in the month of March bodes well for the key summer selling season," said Rod Little, Edgewell's President and Chief Executive Officer.