Helen of Troy Limited (NASDAQ:HELE) issued an update on its FY18 earnings guidance on Thursday morning. The company provided EPS guidance of $6.50-6.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.73. The company issued revenue guidance of $1.560-1.585 billion, compared to the consensus revenue estimate of $1.59 billion.

Shares of Helen of Troy Limited (NASDAQ:HELE) traded down 1.62% during mid-day trading on Thursday, hitting $97.10. The stock had a trading volume of 215,886 shares. The firm’s 50 day moving average price is $95.31 and its 200-day moving average price is $94.65. The company has a market cap of $2.64 billion, a PE ratio of 21.08 and a beta of 0.99. Helen of Troy Limited has a one year low of $77.50 and a one year high of $102.88.

Helen of Troy Limited (NASDAQ:HELE) last announced its quarterly earnings data on Monday, July 10th. The company reported $1.37 EPS for the quarter, beating the Zacks’ consensus estimate of $1.29 by $0.08. Helen of Troy Limited had a net margin of 8.23% and a return on equity of 17.70%. The business had revenue of $359.61 million during the quarter, compared to analyst estimates of $358.40 million. During the same quarter in the prior year, the business earned $1.27 earnings per share. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. On average, equities research analysts anticipate that Helen of Troy Limited will post $6.71 earnings per share for the current fiscal year.

Several research firms have recently commented on HELE. BidaskClub cut shares of Helen of Troy Limited from a hold rating to a sell rating in a research note on Wednesday, June 21st. Bank of America Corporation assumed coverage on shares of Helen of Troy Limited in a research note on Tuesday, August 29th. They issued an underperform rating and a $87.00 price objective on the stock. Finally, CL King assumed coverage on shares of Helen of Troy Limited in a research note on Tuesday, September 12th. They issued a buy rating and a $104.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of $99.40.

WARNING: This report was first published by American Banking News and is owned by of American Banking News. If you are reading this report on another site, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/10/05/helen-of-troy-limited-hele-issues-fy18-earnings-guidance.html.

About Helen of Troy Limited

Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has four segments. The Housewares segment provides a range of consumer products for the home.

Earnings History and Estimates for Helen of Troy Limited (NASDAQ:HELE)

Receive News & Ratings for Helen of Troy Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helen of Troy Limited and related companies with MarketBeat.com's FREE daily email newsletter.