Energizer beats by $0.09, beats on revs; provides guidance
- Reports Q2 (Mar) earnings of $0.47 per share, excluding non-recurring items, $0.09 better than the S&P Capital IQ Consensus of $0.38; revenues were unchanged year/year at $685.4 mln vs the $655.38 mln S&P Capital IQ Consensus.
- "We are increasing our previously communicated full year Net sales outlook to low single digit growth as we have delivered a strong first half performance and executed pricing initiatives across the globe which should further benefit sales. The current operating environment remains volatile, but as a result of our pricing actions and cost management efforts we are reaffirming our guidance for Adjusted earnings per share of $3.00 to $3.30 and Adjusted EBITDA of $560 million to $590 million."
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