Energizer reports Q3 adjusted EPS 78c, consensus 62c

Reports Q3 revenue $725.3M, consensus $693.07M. “Three years ago, we launched Project Momentum to restore margins, increase our operational agility, and invest in growth. Our performance this quarter illustrates the benefits of those efforts as we delivered organic top-line growth, strong gross margins and robust earnings. In addition, our business has been further strengthened by our qualification for production credits as a result of our investments and focus on US manufacturing capabilities.” said Mark LaVigne, CEO. “We are increasing our outlook to reflect the higher level of earnings generated by pricing, tariff mitigation efforts and the inclusion of production credits. As we look ahead, we are confident in our ability to generate ongoing earnings growth, creating long-term value for our shareholders.”