Edgewell Personal Care Co. said its normalized net income for the fiscal first quarter ended Dec. 31, 2014, came to $1.80 per share, compared with the S&P Capital IQ consensus estimate of $2.13 per share.
EPS decreased year over year from $1.83.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $112.4 million, a decline from $115.6 million in the year-earlier period.
The normalized profit margin fell to 6.2% from 10.4% in the year-earlier period.
Total revenue decreased 6.8% year over year to $1.04 billion from $1.11 billion, and total operating expenses fell 7.4% on an annual basis to $833.3 million from $899.8 million.
Reported net income fell year over year to $105.5 million, or $1.69 per share, from $107.9 million, or $1.71 per share.
