Edgewell Personal Care Q3 2024 Adj. EPS $1.22 Beats $1.01 Estimate, Sales $647.800 Miss $651.277M Estimate
Portfolio Pulse from Benzinga Newsdesk
Edgewell Personal Care (NYSE:EPC) reported Q3 2024 adjusted EPS of $1.22, beating the analyst estimate of $1.01. However, sales of $647.8 million missed the $651.277 million estimate.
August 06, 2024 | 10:05 am
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Edgewell Personal Care reported Q3 2024 adjusted EPS of $1.22, beating the analyst estimate of $1.01 by 20.79%. However, sales of $647.8 million missed the $651.277 million estimate.
The significant beat on EPS is likely to have a positive impact on the stock price in the short term, despite the slight miss on sales. Investors often prioritize earnings over sales, especially when the EPS beat is substantial.
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