Here Are Factors Influencing Energizer's (ENR) Q4 Earnings
Zacks Investment Research | Nov 14, 2018 12:23AM ET
Energizer Holdings, Inc. (NYSE:ENR) is slated to report fourth-quarter fiscal 2018 results on Nov 15. In the trailing four quarters, the company has outperformed the Zacks Consensus Estimate by average of 7.2%.
How are Estimates Shaping Up?
Although the bottom line registered an increase of 25.6% in the third quarter of fiscal 2018, Energizer is likely to record year-over-year growth of 50% in the fourth quarter. This is quite evident from the Zacks Consensus Estimate for the quarter under review, which is pegged at 81 cents compared with 54 cents reported in the year-ago quarter. We note that the Zacks Consensus Estimate has remained stable in the past 30 days.
The Zacks Consensus Estimate for revenues is pegged at $456 million, down roughly 2% from the year-ago quarter. We note that Energizer Holdings’ total revenues increased 5.6% in the last reported quarter.
Let’s delve deeper and find out the factors impacting the results.
Energizer Holdings, Inc. Price and EPS Surprise
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