Helen Of Troy: Q1 Earnings Insights
Portfolio Pulse from Benzinga Insights
Helen Of Troy (NASDAQ:HELE) reported Q1 earnings, beating estimated earnings by 21.25% with an EPS of $1.94 against an estimate of $1.6. However, revenue was down $33.41 million from the same period last year. Last quarter, the company beat EPS estimates by $0.13, which led to a 19.49% increase in the share price the next day.
July 10, 2023 | 10:55 am
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Helen Of Troy's Q1 earnings beat estimates by 21.25%, but revenue was down $33.41 million YoY. Last quarter's EPS beat led to a 19.49% share price increase.
Helen Of Troy's earnings beat is a positive signal to investors, which could lead to a short-term increase in the stock price, similar to the 19.49% increase observed last quarter after an EPS beat. However, the decrease in revenue YoY might temper this positive impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100