Elizabeth Arden (RDEN) Releases Earnings Results, Beats Expectations By $0.15 EPS

Elizabeth Arden (RDEN) reported quarterly earnings results on Thursday, May-5-2016. The company said it had a profit of $-0.59 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.15. Analysts had a consensus of $-0.74. The company posted revenue of $191.90 million in the period, compared to analysts expectations of $190.33 million. The company’s revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.86 EPS.

Elizabeth Arden closed down -0.49 points or -5.26% at $8.83 with 83,340 shares getting traded on Wednesday. Post opening the session at $9.1, the shares hit an intraday low of $8.75 and an intraday high of $9.52 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Mar 7, 2016, Eric Lauzat (President, International) purchased 5,000 shares at $6.00 per share price. According to the SEC, on Dec 9, 2015, E Scott Beattie (Chairman, President & CEO) sold 27,000 shares at $10.91 per share price.

Elizabeth Arden Inc. is a global beauty products company with a portfolio of fragrance skin care and cosmetics brands. The Company’s product portfolio includes Elizabeth Arden Brand such as the Elizabeth Arden skin care brands (Visible Difference Ceramide Prevage Eight Hour Cream Superstart and Elizabeth Arden Pro) Elizabeth Arden branded lipstick foundation and other color cosmetics products and Elizabeth Arden fragrances (Red Door 5th Avenue Elizabeth Arden Green Tea and UNTOLD); designer fragrances which include Juicy Couture John Varvatos and Wildfox Couture; Heritage Fragrances such as Curve Elizabeth Taylor Britney Spears Halston Ed Hardy Geoffrey Beene Alfred Sung Giorgio Beverly Hills Lucky PS Fine Cologne White Shoulders BCBGMAXAZRIA Rocawear and Jennifer Aniston and celebrity fragrances which include the fragrance brands of Justin Bieber Mariah Carey Nicki Minaj and Taylor Swift. Its operating segments include North America and International.

Elizabeth Arden

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