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Helen Of Troy Posts Higher Q4 Profit; Guides FY13 - Quick Facts

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4/27/2012 7:49 AM ET

Helen of Troy Ltd. (HELE: Quote) posted an increase in fourth quarter net income to $29.3 million or $0.92 per share from $24.38 million or $0.77 per share last year.

Sales revenue rose to $294 million from $237.07 million in the prior-year quarter.

On average, three analysts polled by Thomson Reuters expected the company to report earnings of $0.88 per share, on revenues of $289.80 million. Analysts' estimates typically exclude special items.

Going ahead, for fiscal year 2013, ending on February 28, 2013, the company forecasts net sales revenue in the range of $1.3 billion to $1.325 billion, with earnings per share in the range of $3.80 to $3.90 per share. Analysts expect earnings of $3.87 per share, on revenues of $1.27 billion.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Data-storage products maker NetApp Inc. said Tuesday after the markets closed that its fourth quarter profit fell 4% from last year, hurt mainly by higher operating expenses even as revenue grew slightly. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast. Analog Devices, Inc. said that its second quarter profit rose slightly from last year, helped mainly by lower income tax expenses even as revenue declined 2%. The company's quarterly earnings per share, excluding items, came in line with analysts' expectations. However, the company forecast third quarter revenue and earnings below analysts' current consensus estimates. While buying interest was relatively subdued, stocks moved modestly higher over the course of the trading day on Tuesday. The strength on the day offset the weakness seen in the previous session, with the Dow and the S&P 500 reaching new record closing highs. The major averages gave back some ground in late-day trading but remained in positive territory.
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