Energizer Holdings Boosts FY21 Outlook - Quick Facts

While reporting financial results for the second quarter on Monday, battery manufacturer Energizer Holdings, Inc. (ENR) raised its adjusted earnings and net sales growth guidance for the full year 2021, based on strong demand for its brands and products with the improving cost control.

For fiscal 2021, the company now projects adjusted earnings in a range of $3.30 to $3.50 per share on net sales growth of 5 to 7 percent.

Previously, the company expected adjusted earnings in the range of $3.10 to $3.40 per share on net sales growth of 2 to 4 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $3.35 per share on revenue growth of 5.0 percent to $2.88 billion for the year. Analysts' estimates typically exclude special items.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Royal Caribbean Group's ultra-luxury brand Silversea Cruises is set to launch the world's first hybrid-powered cruise ship in the summer of 2023. This will also be the first ship with large-scale fuel cell technology to enable emission-free port operations. The fuel cells will provide 100% of power while at port. Affco USA is recalling around 24,461 pounds of frozen raw lamb shoulder products that were not presented for import re-inspection into the U.S., the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced. The recall involves the frozen raw lamb shoulder items that were imported on July 12, 2021. American Express Company (AXP) reported an increase in profit for the third quarter that also topped Wall Street estimates. Consolidated total revenues net of interest expense rose 25 percent year-on-year, primarily reflecting growth in Card Member spending, as well as a rise in the average discount...
Follow RTT