Edgewell personal care posts q1 adjusted eps of $0.55

Edgewell personal care announces first quarter fiscal 2020 results.q1 adjusted earnings per share $0.55.q1 gaap earnings per share $0.41.q1 sales $454 million versus refinitiv ibes estimate of $445.9 million.q1 earnings per share estimate $0.29 -- refinitiv ibes data.updating its previous financial outlook for fiscal 2020.terminated its merger agreement with harry's, inc.termination follows u.s. ftc lawsuit seeking to block proposed transaction.now expects fy 2020 total net sales to be in range of down 5% to down 4% compared to prior year.now moving forward as a standalone company.2020 outlook for gaap eps now estimated to be in range of $2.40 to $2.60.2020 outlook for adjusted eps now in range of $2.95 to $3.15.in process of implementing operational plans to further address stranded costs.organic net sales growth is expected to be in range of down 1% to flat compared to prior year for fy 2020.outlook for fy 2020 gaap eps is now estimated to be in range of $2.40 to $2.60.anticipates that fiscal 2020 free cash flow will be above 100% of gaap net earnings.outlook for fy 2020 adjusted eps is now in range of $2.95 to $3.15.project fuel related restructuring charges expected to be about $35 million in 2020.updated fy 2020 outlook solely to reflect impact of infant and pet care divestiture.
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