TARRYTOWN, N.Y. (AP) _ Prestige Brands Holdings Inc. (PBH) on Thursday reported fiscal second-quarter net income of $45.3 million.
On a per-share basis, the Tarrytown, New York-based company said it had profit of 89 cents. Earnings, adjusted for non-recurring costs, came to $1.02 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 99 cents per share.
The medicine distributor posted revenue of $276.2 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $261.3 million.
Prestige Brands expects full-year earnings in the range of $3.93 to $3.98 per share, with revenue in the range of $1.05 billion to $1.06 billion.
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