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Helen of Troy Prepares Q3 Earnings Report: What Top Analysts Are Saying

MarketDash Editorial Team
1 day ago
Helen of Troy is set to report third-quarter earnings on January 8, with analysts expecting a significant drop in earnings per share. Here's how Wall Street's most accurate analysts have positioned themselves ahead of the print.

Helen of Troy Limited (HELE) is gearing up for its third-quarter earnings release, scheduled for Thursday morning, January 8, 2025, before the opening bell. And if you're tracking this one, the consensus numbers tell a story of a company navigating some headwinds.

The El Paso, Texas-based consumer products company faces expectations of $1.68 per share in quarterly earnings, which represents a pretty substantial decline from the $2.67 per share it posted in the same period last year. On the revenue side, analysts are forecasting $502.17 million, down from $530.71 million a year earlier. So we're looking at pressure on both the top and bottom lines.

Context matters here: back on November 25, Helen of Troy announced an amendment to its existing credit agreement. That's the kind of move that suggests management is actively working through its capital structure amid challenging operating conditions.

The stock hasn't exactly been catching tailwinds either. Shares closed Wednesday at $21.08, down 3.1% for the session.

What the Smart Money Is Saying

Looking at recent analyst activity from Wall Street's most accurate forecasters gives us a window into how the pros are positioning ahead of the print.

Canaccord Genuity analyst Susan Anderson, who sports a 61% accuracy rate, maintained a Hold rating on January 6 with a $23 price target. That's a modest premium to where the stock is currently trading, but the Hold rating signals she's not exactly pounding the table here.

Meanwhile, UBS analyst Peter Grom, with a 55% accuracy rate, kept his Neutral rating back on October 10 but trimmed his price target from $27 down to $25. That downward revision suggests deteriorating conviction in the near-term outlook.

Both analysts are essentially telling investors to sit tight and wait for more clarity. Not exactly a ringing endorsement, but given the year-over-year earnings decline in the forecast, caution seems reasonable. Thursday's report should give us a better read on whether management can stabilize the business or if there are more bumps ahead.

Back to Stock Market News

Helen of Troy Prepares Q3 Earnings Report: What Top Analysts Are Saying

MarketDash Editorial Team
1 day ago
Helen of Troy is set to report third-quarter earnings on January 8, with analysts expecting a significant drop in earnings per share. Here's how Wall Street's most accurate analysts have positioned themselves ahead of the print.

Helen of Troy Limited (HELE) is gearing up for its third-quarter earnings release, scheduled for Thursday morning, January 8, 2025, before the opening bell. And if you're tracking this one, the consensus numbers tell a story of a company navigating some headwinds.

The El Paso, Texas-based consumer products company faces expectations of $1.68 per share in quarterly earnings, which represents a pretty substantial decline from the $2.67 per share it posted in the same period last year. On the revenue side, analysts are forecasting $502.17 million, down from $530.71 million a year earlier. So we're looking at pressure on both the top and bottom lines.

Context matters here: back on November 25, Helen of Troy announced an amendment to its existing credit agreement. That's the kind of move that suggests management is actively working through its capital structure amid challenging operating conditions.

The stock hasn't exactly been catching tailwinds either. Shares closed Wednesday at $21.08, down 3.1% for the session.

What the Smart Money Is Saying

Looking at recent analyst activity from Wall Street's most accurate forecasters gives us a window into how the pros are positioning ahead of the print.

Canaccord Genuity analyst Susan Anderson, who sports a 61% accuracy rate, maintained a Hold rating on January 6 with a $23 price target. That's a modest premium to where the stock is currently trading, but the Hold rating signals she's not exactly pounding the table here.

Meanwhile, UBS analyst Peter Grom, with a 55% accuracy rate, kept his Neutral rating back on October 10 but trimmed his price target from $27 down to $25. That downward revision suggests deteriorating conviction in the near-term outlook.

Both analysts are essentially telling investors to sit tight and wait for more clarity. Not exactly a ringing endorsement, but given the year-over-year earnings decline in the forecast, caution seems reasonable. Thursday's report should give us a better read on whether management can stabilize the business or if there are more bumps ahead.