Energizer Holdings Inc. Q2 Profit Increases, beats estimates

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

The company's earnings totaled $40.0 million, or $0.55 per share. This compares with $19.0 million, or $0.27 per share, in last year's second quarter.

Excluding items, Energizer Holdings Inc. reported adjusted earnings of $46.5 million or $0.64 per share for the period.

Analysts on average had expected the company to earn $0.52 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.2% to $684.1 million from $685.4 million last year.

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

-Earnings (Q2): $40.0 Mln. vs. $19.0 Mln. last year. -EPS (Q2): $0.55 vs. $0.27 last year. -Analyst Estimate: $0.52 -Revenue (Q2): $684.1 Mln vs. $685.4 Mln last year.

-Guidance: Full year EPS guidance: $3.00 - $3.30