Helen Of Troy Q2 Adj EPS $1.74 Beats $1.64 Estimate, Sales $491.60M Beat $484.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
Helen Of Troy (NASDAQ:HELE) reported Q2 adjusted earnings of $1.74 per share, beating the analyst consensus estimate of $1.64 by 6.1%. However, this is a 23.35% decrease from the same period last year. The company also reported quarterly sales of $491.60 million, beating the analyst consensus estimate of $484.80 million by 1.40%, but this is a 5.72% decrease from the same period last year.
October 04, 2023 | 10:46 am
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Helen Of Troy reported better than expected Q2 earnings and sales, but both figures are down from the same period last year.
While Helen Of Troy beat Q2 estimates, the year-on-year decreases in earnings and sales could potentially offset any positive impact from the earnings beat. This makes the short term price direction uncertain.
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