Prestige Brands Holdings Inc. (PBH) on Thursday reported fiscal second-quarter net income of $51 million.
On a per-share basis, the Tarrytown, New York-based company said it had net income of $1.02.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1 per share
TARRYTOWN, N.Y. (AP) _ Prestige Brands Holdings Inc. (PBH) on Thursday reported fiscal second-quarter net income of $51 million.
On a per-share basis, the Tarrytown, New York-based company said it had net income of $1.02.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1 per share.
The medicine distributor posted revenue of $289.3 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $282.9 million.
Prestige Brands expects full-year earnings to be $4.18 to $4.23 per share, with revenue in the range of $1.12 billion to $1.13 billion.
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