Energizer Holdings Inc (ENR) reported quarterly earnings results on Wednesday, Aug-3-2016. The company said it had a profit of $0.32 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $0.30. The company posted revenue of $361.00 million in the period, compared to analysts expectations of $358.02 million. The company’s revenue was down -3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 EPS.
Many Wall Street Analysts have commented on Energizer Holdings Inc. Company shares were Downgraded by Goldman on Jul 12, 2016 to ” Neutral”, Firm has raised the Price Target to $ 52 from a previous price target of $50 .Shares were Reiterated by Jefferies on Jul 7, 2016 to “Hold” and Lowered the Price Target to $ 48 from a previous price target of $50 .Company shares were Reiterated by Jefferies on May 25, 2016 to “Hold”, Firm has raised the Price Target to $ 50 from a previous price target of $45 .
Energizer Holdings Inc closed down -0.99 points or -1.91% at $50.94 with 13,51,043 shares getting traded on Tusday. Post opening the session at $52, the shares hit an intraday low of $50.75 and an intraday high of $52.44 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.
In a different news, on Mar 11, 2016, Gregory T Kinder (EVP, Chief Supply Chain Off.) sold 8,954 shares at $40.40 per share price. According to the SEC, on Feb 12, 2015, Ward M Klein (CHIEF EXECUTIVE OFFICER) sold 38,000 shares at $133.81 per share price.
Energizer Holdings Inc. formerly Energizer SpinCo Inc. manufactures and markets batteries and portable lighting products. The Company is focused on household products business. The Company’s brands include Energizer and Eveready. In addition to the Energizer and Eveready brands the Company also markets its flashlights under the Hard Case Dolphin and Weather Ready sub-brands. Its products include Schick and Wilkinson Sword men’s and women’s shaving systems and disposables; Edge and Skintimate shave preparations; Playtex tampons gloves and infant feeding products; Banana Boat and Hawaiian Tropic sun care products and Wet Ones moist wipes. The Company four geographic segments include North America which is comprised of the United States and Canada; Latin America which includes its markets in Mexico the Caribbean Central America and South America; Europe Middle East and Africa (EMEA) and Asia Pacific which is comprised of its markets in Asia Australia and New Zealand.