Energizer Holdings Inc

+1.21 (+2.45%)
Positive Earnings Pre-Announcement

Energizer Holdings Reaffirms FY 2020 Adjusted Earnings Per Share View $2.45 To $2.55

Published: 09/09/2020 22:04 GMT
Energizer Holdings Inc (ENR) - Reaffirms FY 2020 Adjusted Earnings per Share View $2.45 to $2.55.
Reaffirms Previous Guidance for Fiscal 2020 Adjusted EBITDA, EPS and Free Cash Flow.
Increases Q4 Organic Revenue Growth to 3% to 6% With Full Year Organic Revenue Growth Expected to Be 1.5% to 2.5%.
Energizer - Increases FY 2020 Incremental Costs of Product Sold Associated With Covid-19 to About $23 Million, $5 to $8 Million Higher Than Previous Guidance.
Announces $200 Million Debt Repayment on Its Revolver.
Now Expects Fiscal 2020 Reported Net Sales to Increase 9.5% to 11% for Full Year.
Also Incurring Incremental Manufacturing and Product Costs, Majority of Which Co Expect to Abate in First Half of Fiscal 2021.
Revenue is expected to be $618.32 Million
Adjusted EPS is expected to be $0.59

Next Quarter Revenue Guidance is expected to be $665.16 Million
Next Quarter EPS Guidance is expected to be $0.69

More details on our Analysts Page.