Shares Of Helen Of Troy (HELE) Jump 7%

Shares of consumer products company Helen of Troy Limited HELE were trading up more than 7% at $27.91 per share during the Wednesday morning trading session. Helen of Troy Limited closed the previous trading day at $25.98 per share and has a 52 week trading range of $15.89 to $28.98 per share. Helen of Troy Limited announced on Wednesday before the market opened that it beat consensus Wall Street estimates. Helen of Troy Limited reported that it swung to a fiscal 4th quarter profit of 54 cents per share, from a loss of $2.93 per share a year earlier. The consumer products company's revenue was up 10% to $152.2 million. According to a survey of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 49 cents per share, on revenue of $$147.4 million. Helen of Troy Limited has been actively pursuing acquisitions that are able to immediately contribute to its earnings and the company said that it will continue to do so.
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Posted In: EarningsNewsM&AMarketsMoversConsumer DiscretionaryHousehold Appliances
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