Helen of Troy Limited Beats Estimates on Top and Bottom Lines
Helen of Troy Limited (NAS: HELE) reported earnings on Jan. 5. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Nov. 30 (Q3), Helen of Troy Limited beat expectations on revenues and beat slightly on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly, and earnings per share expanded significantly.
Margins contracted across the board.
Helen of Troy Limited recorded revenue of $339 million. The three analysts polled by S&P Capital IQ looked for a top line of $319 million. Sales were 65% higher than the prior-year quarter's $205 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
EPS came in at $1.04. The three earnings estimates compiled by S&P Capital IQ predicted $1.02 per share. GAAP EPS of $1.04 for Q3 were 21% higher than the prior-year quarter's $0.86 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 39.3%, 590 basis points worse than the prior-year quarter. Operating margin was 12.3%, 290 basis points worse than the prior-year quarter. Net margin was 9.7%, 350 basis points worse than the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods.
What does the future hold?
Next quarter's average estimate for revenue is $289 million. On the bottom line, the average EPS estimate is $0.88.
Next year's average estimate for revenue is $1.2 billion. The average EPS estimate is $3.45.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 75 members out of 101 rating the stock outperform, and 26 members rating it underperform. Among 38 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 22 give Helen of Troy Limited a green thumbs-up, and 16 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Helen of Troy Limited is hold, with an average price target of $29.00.
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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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