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Energizer Holdings Inc. Q1 Profit Decreases, but beats estimates

Energizer Holdings Inc. (ENR) revealed earnings for first quarter that decreased from the same period last year but beat the Street estimates.

The company's bottom line came in at $56.0 million, or $0.83 per share. This compares with $63.1 million, or $0.91 per share, in last year's first quarter.

Excluding items, Energizer Holdings Inc. reported adjusted earnings of $69.8 million or $1.03 per share for the period.

Analysts on average had expected the company to earn $0.94 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.3% to $846.3 million from $848.6 million last year.

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

-Earnings (Q1): $56.0 Mln. vs. $63.1 Mln. last year.
-EPS (Q1): $0.83 vs. $0.91 last year.
-Analyst Estimates: $0.94
-Revenue (Q1): $846.3 Mln vs. $848.6 Mln last year.

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

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