NEW YORK (TheStreet) -- Shares of Edgewell Personal Care (EPC) - Get Report are flat in pre-market trading on Friday, following the release of the company's fourth quarter earnings results, after closing trading down by 4.88% to $78.47 yesterday.
The Chesterfield, MO-based personal care product manufacturer reported fourth quarter earnings of 64 cents per share, missing analysts' consensus estimates of 70 cents per share by six cents.
Revenue for the period fell by 14.4% year over year to $560.1 million versus analysts $577.61 million guidance.
Edgewell also issued downside fiscal 2016 earnings guidance between $3.20 and $3.40 per share versus analysts consensus $3.56 per share expectations.
Separately, TheStreet Ratings team rates EDGEWELL PERSONAL CARE CO as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation:
We rate EDGEWELL PERSONAL CARE CO (EPC) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its expanding profit margins and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.
Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of Jim Cramer, TheStreet or any of its contributors.