Prestige Brands: Fiscal Q4 Earnings Snapshot
By AP News
Published - May 04, 2023, 06:34 AM ET
Last Updated - Jun 21, 2023, 10:59 PM EDT
TARRYTOWN, N.Y. (AP) — TARRYTOWN, N.Y. (AP) — Prestige Brands Holdings Inc. (PBH) on Thursday reported a loss of $240.6 million in its fiscal fourth quarter.
The Tarrytown, New York-based company said it had a loss of $4.83 per share. Earnings, adjusted for one-time gains and costs, were $1.07 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.04 per share.
The medicine distributor posted revenue of $285.9 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $278.8 million.
