Edgewell Personal Care Earnings Up In Q3

(RTTNews) - Edgewell Personal Care Co. (EPC), a consumer products company, on Wednesday reported a decline in net income in the third quarter compared with the previous year.

For the third quarter, net earnings declined to $13.7 million from $29.1 million in the previous year.

On an adjusted basis, net income from continuing operations increased to $33.5 million from 33.6 million in the previous year.

Adjusted earnings per share were $0.72 versus $0.72 last year.

EBITDA decreased to $51.4 million from $65.7 million in the same period a year ago.

Adjusted EBITDA fell to $78.9 million from $81.2 million in the prior year.

Operating income decreased to $25 million from $45 million in the prior year.

Net sales increased to $570.1 million from $560.4 million in the previous year.