Helen Of Troy Q3 Adj EPS $2.79 Beats $2.75 Estimate, Sales $549.61M Beat $543.63M Estimate
Portfolio Pulse from Benzinga Newsdesk
Helen Of Troy reported Q3 adjusted EPS of $2.79, surpassing the $2.75 estimate, and sales of $549.61M, also beating the $543.63M estimate. However, sales decreased by 1.61% compared to the same period last year.
January 08, 2024 | 11:46 am
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POSITIVE IMPACT
Helen Of Troy's Q3 earnings and sales exceeded analyst expectations, which could lead to positive investor sentiment in the short term.
Beating both earnings and sales estimates typically generates positive investor sentiment, which can lead to a short-term increase in stock price. However, the year-over-year decrease in sales might temper the positive impact slightly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100