Shares of Edgewell Personal Care (EPC) plunged 20% in pre-market trading on Tuesday following the release of disappointing third-quarter results and a significant downward revision to its full-year guidance. The personal care products manufacturer reported earnings that fell short of analyst expectations, citing challenges in its key markets.

For the third quarter of fiscal 2025, Edgewell reported adjusted earnings per share of $0.92, missing the consensus estimate of $1.00. The company's sales for the quarter came in at $627.2 million, down 3.2% year-over-year and below the forecasted $656.4 million. The weak performance was primarily attributed to a poor Sun Care season in North America and certain Latin American markets, which significantly impacted organic net sales.

In light of these challenges, Edgewell has substantially lowered its full-year 2025 outlook. The company now expects adjusted earnings per share to be approximately $2.65, a marked reduction from its previous forecast of $2.85 to $3.05. Additionally, Edgewell revised its organic net sales projection, now anticipating a decrease of about 1.3% compared to the earlier expectation of flat to 1% growth. The company also noted increased headwinds from currency movements, with an estimated $0.46 per share unfavorable impact, up from the previous estimate of $0.35. These factors combined have likely fueled investor concerns, contributing to the sharp pre-market decline in Edgewell's stock price.