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

Helen of Troy

09/07/2024 14:32

* Helen of Troy Ltd  HELE.OQ  reported quarterly adjusted
earnings
of 99 cents​​ per share for the quarter ended in May, lower than
the same quarter last year, when the company reported EPS of
$1.94.  The mean expectation of six analysts for the quarter was
for earnings of $1.59 per share. Wall Street expected results to
range from $1.58  to $1.61 per share.
    * Revenue fell 12.2% to $416.85 million from a year ago;
analysts
expected $445.85 million. 
    * Helen of Troy Ltd's reported EPS for the quarter was 26
cents​.
    * The company reported quarterly net income of $6.2 million.
    * Helen of Troy Ltd shares had fallen by 4.0% this
quarter and
lost 26.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 23.7%
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 $138.00 
This summary was machine generated from LSEG data July 9 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
 May. 31 2024      1.59           0.99           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