Energizer Holdings Inc. Q1 Profit Increases, Beats Estimates

(RTTNews) - Energizer Holdings Inc. (ENR) released a profit for its first quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $22.3 million, or $0.30 per share. This compares with $1.9 million, or $0.03 per share, last year.

Excluding items, Energizer Holdings Inc. reported adjusted earnings of $49.4 million or $0.67 per share for the period.

Analysts on average had expected the company to earn $0.65 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 2.1% to $731.7 million from $716.6 million last year.

Energizer Holdings Inc. earnings at a glance (GAAP) :

-Earnings: $22.3 Mln. vs. $1.9 Mln. last year. -EPS: $0.30 vs. $0.03 last year. -Revenue: $731.7 Mln vs. $716.6 Mln last year.

-Guidance: Next quarter EPS guidance: $0.60 - $0.70 Full year EPS guidance: $3.45 - $3.65