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Energizer reports Q3 adjusted EPS 79c, consensus 67c

Reports Q3 revenue $701.4M, consensus $704.83M. “We are extremely pleased with our third quarter performance,” said Mark LaVigne, Chief Executive Officer. “Improving category dynamics supported a return to organic growth and combined with our strong gross margin expansion drove a 46% increase in adjusted earnings per share, exceeding our expectations. This over-delivery is expected to put us at the top end of our adjusted earnings per share guidance for the year.”

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