Energizer Holdings Inc

NYSE:ENR   3:59:58 PM EDT
42.00
+0.36 (+0.86%)
4:00:00 PM EDT: $41.98 -0.02 (-0.05%)
Other Pre-Announcement

Energizer Holdings Inc Announces Fiscal 2020 Fourth Quarter And Full Year Results

Published: 11/12/2020 11:56 GMT
Energizer Holdings Inc (ENR) - Energizer Holdings, Inc. Announces Fiscal 2020 Fourth Quarter and Full Year Results, Financial Outlook for Fiscal 2021 and New Share Repurchase Authorization.
Q4 Adjusted Earnings per Share $0.59 From Continuing Operations.
Q4 Sales $763 Million Versus Refinitiv Ibes Estimate of $747.2 Million.
Sees Adjusted Earnings per Share in the Range of $2.95 to $3.25 for Fiscal 2021.
Sees 2% to 4% Organic Revenue Growth for Fiscal 2021.
Sees Adjusted EBITDA in the Range of $600 to $630 Million for Fiscal 2021.
Board Approval of New 7.5 Million Share Repurchase Authorization.
Sees Net Sales Growth in the Range of 2% to 4% for 2021.
Qtrly Loss per Share $0.81.
Q4 Net Loss From Continuing Operations per Common Share of $0.67.
Withdrawing Its Pre-pandemic Targets for 2022 of $700 Million in Adjusted EBITDA and $400 Million in Adjusted Free Cash Flow.
Q4 Earnings per Share View $0.81 -- Refinitiv Ibes Data (analyst estimates).
FY2021 Earnings per Share View $3.14 -- Refinitiv Ibes Data (analyst estimates).
Expect Increased Costs Related to Covid-19 Will Be Substantially Reduced by End of Q1 of Fiscal 2021.