RTTNews | Nov 12, 2020 10:46AM EST

10:45 Thursday, November 12, 2020 (RTTNews.com) - Shares of Edgewell Personal Care Company (EPC) are rising more than 5% Thursday morning on better-than-expected fourth-quarter results.

Net earnings for the fourth quarter were $21.0 million or $0.38 per share compared to $40.7 million or $0.75 per share in the same quarter a year ago.

Adjusted EPS of $0.59 for the quarter beat the average estimate of analysts polled by Thomson Reuters at $0.56 per share.

Net sales were $488.8 million in the fourth quarter, a decrease of 7.4% when compared to the prior year quarter; The consensus estimate stood at $466.41 million.

For the full-year, the company sees adjusted EPS to be in the range of $2.62 to $2.82. Analysts see earnings of $2.76 for the period.

EPC is currently at $34.01 and has traded in the range of $20.51- $38.97 in the last one year.

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