Helen of Troy: Fiscal Q3 Earnings Snapshot

Associated Press Finance
08 Jan

HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Helen of Troy Ltd. (HELE) on Wednesday reported fiscal third-quarter net income of $49.6 million.

On a per-share basis, the Hamilton, Bermuda-based company said it had profit of $2.17. Earnings, adjusted for stock option expense and amortization costs, came to $2.67 per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.61 per share.

The personal and household products company posted revenue of $530.7 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $530.1 million.

Helen of Troy expects full-year earnings in the range of $7.15 to $7.40 per share, with revenue in the range of $1.89 billion to $1.91 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HELE at https://www.zacks.com/ap/HELE

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