Energizer Hldgs Q3 Adj $0.79 Beats $0.67 Estimate, Sales $701.40M Miss $706.23M Estimate
Portfolio Pulse from Benzinga Newsdesk
Energizer Holdings (NYSE:ENR) reported Q3 earnings of $0.79 per share, beating the analyst estimate of $0.67 by 17.91%. However, sales of $701.40 million missed the estimate of $706.23 million by 0.68%. Earnings increased by 46.3% year-over-year, while sales saw a slight increase of 0.29%.
August 06, 2024 | 10:52 am
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Energizer Holdings reported strong Q3 earnings of $0.79 per share, beating estimates by 17.91%, but missed sales estimates slightly. Earnings increased significantly by 46.3% year-over-year.
The significant beat on earnings per share (EPS) is likely to have a positive impact on the stock price in the short term, despite the slight miss on sales. The strong year-over-year growth in earnings further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100