Edgewell Personal Care Company (NYSE:EPC) posted mixed results for the first quarter on Monday.
The company posted adjusted EPS of 3 cents, versus market estimates of a loss of 16 cents. The company's quarterly sales came in at $422.800 million missing market estimates of $477.676 million.
Edgewell Personal Care cut its FY2026 adjusted EPS guidance from $2.15-$2.55 to $1.70-$2.10. The company reaffirmed FY2026 sales guidance of $2.235 billion-$2.302 billion.
“We delivered a solid start to fiscal 2026. Our first quarter performance modestly exceeded our expectations for organic net sales, adjusted EPS and adjusted EBITDA(1). Alongside strong execution in our core businesses, we successfully completed the divestiture of Feminine Care, a pivotal milestone in our transformation journey that further sharpens our portfolio focus and strengthens our balance sheet. Importantly, the estimated annualized impact of the divestiture is expected to be favorable to our previous outlook,” said Rod Little, Edgewell’s President and Chief Executive Officer.
Edgewell Personal Care shares gained 6.3% to trade at $21.03 on Tuesday.
These analysts made changes to their price targets on Edgewell Personal Care following earnings announcement.
- Wells Fargo analyst Chris Carey maintained Edgewell Personal Care with an Overweight rating and raised the price target from $20 to $22.
- Barclays analyst Lauren Lieberman maintained the stock with an Equal-Weight rating and raised the price target from $19 to $21.
Considering buying EPC stock? Here’s what analysts think:
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