Helen of Troy Ltd reports results for the quarter ended May 31 - Earnings Summary

• Helen of Troy Ltd HELE reported quarterly adjusted earnings of 41 cents​​ per share for the quarter ended May 31, lower than the same quarter last year, when the company reported EPS of 99 cents. The mean expectation of five analysts for the quarter was for earnings of 85 cents per share. Wall Street expected results to range from 69 cents to 97 cents per share.

• Revenue fell 10.8% to $371.66 million from a year ago; analysts expected $395.70 million.

• Helen of Troy Ltd's reported EPS for the quarter was a loss of $19.65​.

• The company reported a quarterly loss of $450.72 million.

• Helen of Troy Ltd shares had risen by 9.2% this quarter and lost 48.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 33.2% 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 "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the appliances, tools & housewares peer group is also "hold"

• Wall Street's median 12-month price target for Helen of Troy Ltd is $47.00, about 34% above its last closing price of $31.00

This summary was machine generated from LSEG data July 10 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)