Energizer Holdings Inc. Earnings Fall 50% In Q3

(RTTNews) - Energizer Holdings Inc. (ENR) revealed a profit for third quarter that declined from last year.

The company said its bottom line came in at $20.1 million, or $0.32 per share. This was down from $40.1 million, or $0.64 per share, in last year's third quarter.

Analysts had expected the company to earn $0.30 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 3.6% to $361.0 million. This was down from $374.3 million last year.

Energizer Holdings Inc. earnings at a glance:

-Earnings (Q3): $20.1 Mln. vs. $40.1 Mln. last year. -Earnings Decline (Y-o-Y): -49.9% -EPS (Q3): $0.32 vs. $0.64 last year. -EPS Decline (Y-o-Y): -50.0% -Analysts Estimate: $0.30 -Revenue (Q3): $361.0 Mln vs. $374.3 Mln last year. -Revenue Change (Y-o-Y): -3.6%

-Guidance: Full year EPS guidance: $2.20 - $2.30