• Wed. Sep 28th, 2022

Prestige Consumer: Q1 Earnings Insights

ByBenzinga Insights

Aug 5, 2022
Prestige Consumer: Q1 Earnings Insights

 

Prestige Consumer PBH reported its Q1 earnings results on Thursday, August 4, 2022 at 06:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Prestige Consumer beat estimated earnings by 4.81%, reporting an EPS of $1.09 versus an estimate of $1.04.

Revenue was up $7.88 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 2.31% increase in the share price the next day.

Here’s a look at Prestige Consumer’s past performance:

 








Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.04 0.89 0.88 0.99 0.87
EPS Actual 1.09 0.91 0.99 1.02 1.14
Revenue Estimate 268.93M 258.24M 260.38M 261.19M 232.44M
Revenue Actual 277.06M 266.94M 274.47M 276.23M 269.18M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Prestige Consumer management provided guidance for FY 2023, expecting earnings between $4.18 and $4.23 per share.

To track all earnings releases for Prestige Consumer visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



Image and article originally from www.benzinga.com. Read the original article here.