RBC Capital analysts shared their outlook on Edgewell Personal Care Company (NYSE:EPC) ahead of tomorrow’s Q2/23 earnings announcement.
The analysts expect the company to post an adjusted EPS of $0.35, which is in line with the Street estimates. The analysts expect this quarter to be driven by strong performance in the Sun & Skincare segment while feminine care also adds to the momentum given increased supply chain stability.
While management warns sun care could get more promotional in the second half of the year as consumers come under more pressure, China’s re-opening and the Billie launch into national retailers and Canada should help offset these dynamics through the remainder of 2023 for the company as a whole.

ANSYS (NASDAQ:ANSS) reported its Q1 earnings results, with EPS of $1.85 beating the Street estimate of $1.61. Revenue came in at $509.4 million, better than the Street estimate of $492.1 million.
Results were strong with double-digit ACV growth driven by broad-based strength, consistent execution and resiliency of the platform in a challenging macro backdrop.
For Q2/23, management anticipates EPS to be in the range of $1.35-$1.53, compared to the Street estimate of $1.87, and revenue of $473-498 million, compared to the Street estimate of $521.15 million.
For the full year, the company expects EPS in the range of $8.39-$8.91, compared to the Street’s $8.65, and revenue of $2.24-2.32 billion, compared to the Street’s $2.29 billion.

Bausch Health Companies Inc. (NYSE:BHC) shares dropped more than 20% since the company’s reported Q1 results on Thursday.
While revenues and adjusted EBITDA came in worse than the Street estimates. Despite a miss in results today, management reiterated 2023 guidance for RemainCo. Management expects operational performance to improve in the remainder of the year aided by seasonality and investments in the business.
2023 revenue guidance of $4.45-4.60 billion implies more than 4% year-over-year growth at the mid-point, compared to the 2% year-over-year decline in Q1/23.

Datadog, Inc. (NASDAQ:DDOG) shares jumped more than 14% on Thursday after the company beat the Street expectations for Q1 earnings. EPS was $0.28, compared to the Street estimate of $0.24. Revenue came in at $482 million, compared to the Street’s $470.46 million estimate.
New logo bookings were a Q1 record as the company continues to add customers albeit at a slightly slower rate. However, guidance remains cautious assuming a continuation of optimization trends through year-end, but with increased leverage.
For Q2/23, the company anticipates EPS in the range of $0.27-$0.29, compared to the Street’s $0.26, and revenue in the range of $498-502 million, compared to the Street’s $500.7 million.
For the full year, the company sees EPS at $1.13-$1.20, compared to the Street’s $1.08, and revenue at $2.08-2.1 billion, compared to the Street’s $2.09 billion.