Helen of Troy 1Q Earnings Pregame Scorecard
Having topped analysts' estimates last quarter by 4 cents per share, Helen of Troy Limited is expected to deliver its latest earnings on Tuesday, July 10, 2012.
Expectations
Analysts currently expect Helen of Troy to come in with earnings of 88 cents per share on revenues of $299.1 million. Estimates from analysts range from 85 cents per share to 90 cents per share. Over the past two months, the average estimate has moved up from 81 cents.
Last Quarter's Results
In the fourth quarter of the last fiscal year, profit rose 20.2% to $29.3 million (92 cents a share) from $24.4 million (78 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 24% to $294 million from $237.1 million.
Stock Ratings
Analysts think investors should stand pat on Helen of Troy with analysts unanimously rating it hold. Helen of Troy's average analyst rating hasn't changed over the past three months.
Stock Movement
Recently, the stock price has been rising Since June 22, 2012 business days the stock has risen $2.01 per share.
Company Fundamental Trends
The company enters this earnings announcement with substantial revenue momentum. The company has averaged year-over-year revenue growth of 54.4% over the last four quarters. The company will look to keep the its run of success flowing with earnings announcement, after experiencing income increases the last three quarters. Net income rose 0.5% in the second quarter of the last fiscal year and 21.5% in the third quarter of the last fiscal year before increasing again in the fourth quarter of the last fiscal year.
Summary
Reporting Period: 1Q
Date of Release: Tuesday, July 10, 2012
EPS: 88 cents
Revenue Estimate: $299.1 million