Helen of Troy Ltd reports results for the quarter ended in February - Earnings Summary

Helen of Troy

24/04/2024 14:31

* Helen of Troy Ltd  HELE.OQ  reported quarterly adjusted
earnings
of $2.45​​ per share for the quarter ended in February, higher
than the same quarter last year, when the company reported EPS
of $2.01.  The mean expectation of six analysts for the quarter
was for earnings of $2.30 per share. Wall Street expected
results to range from $2.24  to $2.35 per share.
    * Revenue rose 1% to $489.20 million from a year ago;
analysts
expected $476.90 million. 
    * Helen of Troy Ltd's reported EPS for the quarter was
$1.79​.
    * The company reported quarterly net income of $42.73
million.
    * Helen of Troy Ltd shares had fallen by 13.0% this
quarter and
lost 17.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the appliances,
tools &
housewares peer group is  "hold."

Wall Street's median 12-month price target for Helen of Troy Ltd
is $147.00 
This summary was machine generated from LSEG data April 24 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Feb. 29 2024      2.30           2.45           Beat
 Nov. 30 2023      2.75           2.79           Beat
 Aug. 31 2023      1.64           1.74           Beat
 May. 31 2023      1.59           1.94           Beat