Helen Of Troy Q1 Adj EPS $1.94 Beats $1.60 Estimate, Sales $474.70M Beat $465.36M Estimate
Portfolio Pulse from Benzinga Newsdesk
Helen Of Troy (NASDAQ:HELE) reported Q1 adjusted earnings of $1.94 per share, beating the analyst consensus estimate of $1.60 by 21.25%. However, this is a 19.5% decrease from the same period last year. The company also reported quarterly sales of $474.70 million, beating the analyst consensus estimate of $465.36 million by 2.01%, but this is a 6.57% decrease from the same period last year.
July 10, 2023 | 10:47 am
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NEUTRAL IMPACT
Helen Of Troy's Q1 earnings and sales beat estimates but are down from the same period last year.
While Helen Of Troy beat Q1 earnings and sales estimates, the year-on-year decreases could potentially concern investors, leading to a neutral short term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100