NewzHAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Helen of Troy Ltd. (HELE) on Thursday reported fiscal second-quarter profit of $4.6 million. The Hamilton, Bermuda-based company said it had profit of 19 cents per share.
Earnings, adjusted for stock option expense and non-recurring costs, were 79 cents per share. The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.
The personal and household products company posted revenue of $440.9 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $441.5 million. Helen of Troy expects full-year earnings in the range of $3.60 to $4.15 per share, with revenue in the range of $1.77 billion to $1.82 billion.
_____ 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 Source (PEP) on Thursday reported third-quarter net income of $3.05 billion.
The Purchase, New York-based company said it had net income of $2.23 per share. Earnings, adjusted for one-time gains and costs, came to $2.34 per share. The results topped Wall Street expectations.
The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.29 per share. The food and beverage company posted revenue of $25.27 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $24.88 billion.
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