FX.co ★ Energizer Holdings Inc. Q4 Profit Increases, Beats Estimates

Energizer Holdings Inc. (ENR) has announced an impressive increase in its earnings for the fourth quarter, outperforming Wall Street expectations. The company reported net earnings of $47.6 million, equivalent to $0.65 per share, a significant increase from the $19.7 million, or $0.27 per share, noted in the same quarter of the previous year.

On an adjusted basis, which excludes special items, Energizer Holdings posted earnings of $89.3 million or $1.22 per share. This result surpassed the consensus forecast from analysts polled by Thomson Reuters, who anticipated earnings of $1.17 per share.

Despite the earnings growth, Energizer Holdings experienced a slight decrease in revenue for the quarter, with total sales declining by 0.7% to $805.7 million, compared to $811.1 million in the prior year.

Key financial performance metrics for Energizer Holdings Inc. under Generally Accepted Accounting Principles (GAAP) are as follows:

- Fourth Quarter Earnings: $47.6 million, up from $19.7 million in the previous year.

- Earnings Per Share (EPS) for Q4: $0.65, compared to last year’s $0.27.

- Revenue for Q4: $805.7 million, a slight decrease from last year’s $811.1 million.

Looking ahead, the company has provided guidance for the next quarter's EPS, projecting it to be in the range of $0.60 to $0.65.