Prestige Brands: Fiscal Q1 Earnings Snapshot
TARRYTOWN, N.Y. (AP) — TARRYTOWN, N.Y. (AP) — Prestige Brands Holdings Inc. (PBH) on Thursday reported fiscal first-quarter net income of $53.3 million.
On a per-share basis, the Tarrytown, New York-based company said it had profit of $1.06.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share.
The medicine distributor posted revenue of $279.3 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $278.1 million.
Prestige Brands expects full-year earnings to be $4.27 to $4.32 per share, with revenue expected to be $1.14 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PBH at https://www.zacks.com/ap/PBH
