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Stock impact report

Energizer shares slump almost 4% after earnings [MarketWatch]

Energizer Holdings, Inc. (ENR) 
Last energizer holdings, inc. earnings: 2/5 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.energizerholdings.com
Company Research Source: MarketWatch
Energizer shares slump almost 4% after earnings Shares of battery maker Energizer Holdings Inc. ENR, -3.53% fell about 4% Wednesday, after the company reported earnings for its fiscal third quarter that beat estimates, but declined to raise guidance. The company said it had net earnings of $23.8 million, or 39 cents a share, down from $24.9 million, or 40 cents a share, in the year-earlier period. Adjusted per-share earnings came to 54 cents, ahead of the FactSet consensus of 53 cents. Sales rose 5.6% to $392.8 million, also ahead of the FactSet consensus of $389 million. Chief Executive Alan Hoskins said the company is benefiting from pricing actions and is on track with the close of its acquisition of the global battery and portable lighting business from Spectrum Brands. It also scaled up its auto care business with the acquisition of Nu Finish. The company said it is sticking with its full-year adjusted EPS forecast of $3.30 to $3.40, which compares with a FactSet consensus of Show less Read more
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