Energizer Holdings Q3 Profit Decreases - Quick Facts

(RTTNews) - Energizer Holdings, Inc. (ENR) reported that its third-quarter net income decreased to $64.5 million or $1.03 per share, from $87.2 million or $1.38 per share, last year. Adjusted earnings per share was $1.46, for the quarter.

On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $1.55 for the quarter. Analysts' estimates typically exclude special items.

Net sales increased to $1.13 billion from $1.11 billion, prior year. Analysts expected revenue of $1.12 billion for the quarter. For fiscal 2014, the company has reaffirmed its financial outlook for adjusted net earnings per share of $7.00 to $7.25 and updated its GAAP net earnings per share outlook to $5.40 to $5.80. Analysts expect the company to report fiscal 2014 earnings per share of $7.08.

The company expects fiscal 2014 organic net sales to decline in the low- to mid-single digits.