Recap: Prestige Consumer Q3 Earnings

Prestige Consumer PBH reported its Q3 earnings results on Thursday, February 3, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Prestige Consumer beat estimated earnings by 12.5%, reporting an EPS of $0.99 versus an estimate of $0.88, which surprised analysts.

Revenue was up $35.68 million from the same period last year.

Last quarter the company beat on EPS by $0.03, which was followed by a 2.08% increase in the share price the next day.

Here's a look at Prestige Consumer's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.99	0.87	0.78	0.77
EPS Actual	1.02	1.14	0.79	0.81
Revenue Estimate	261.19M	232.44M	229.90M	231.55M
Revenue Actual	276.23M	269.18M	237.76M	238.79M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Prestige Consumer management provided guidance for their next quarter, expecting earnings between $4.0 and $4.04 per share for the next quarter.

This represents a 306.06% in quarter-over-quarter growth for Prestige Consumer, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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