Post-earnings recap
Reported
Thu, Aug 4, 2011
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
63%
Est. EPS
—
Est. Rev
—
Impl. Move
—
Despite beating EPS expectations by a significant margin, Prestige Consumer HE's stock fell by 7.12% in reaction to the earnings report. Investors may have been disappointed by the lack of revenue details and forward guidance. The cautious tone from management could also have contributed to the stock's decline.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.29 | N/A | +23.40% |
| Revenue | N/A | N/A | N/A |
Management expressed satisfaction with the EPS results, highlighting effective cost management. However, they did not provide specific guidance for future quarters.
We are pleased with our EPS performance this quarter.
We remain focused on our long-term growth strategy.