Helen Of Troy Limited Q3 Profit Decreases, But Beats Estimates

Helen of Troy

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(RTTNews) - Helen of Troy Limited (HELE) revealed a profit for third quarter that decreased from the same period last year but beat the Street estimates.

The company's bottom line came in at $49.62 million, or $2.17 per share. This compares with $75.90 million, or $3.19 per share, in last year's third quarter.

Excluding items, Helen of Troy Limited reported adjusted earnings of $2.67 per share for the period.

Analysts on average had expected the company to earn $2.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 3.4% to $530.71 million from $549.61 million last year.

Helen of Troy Limited earnings at a glance (GAAP) :

-Earnings (Q3): $49.62 Mln. vs. $75.90 Mln. last year. -EPS (Q3): $2.17 vs. $3.19 last year. -Revenue (Q3): $530.71 Mln vs. $549.61 Mln last year.

-Guidance: Full year EPS guidance: $7.15 - $7.40 Full year revenue guidance: $1.888 - $1.913 Bln