Helen Of Troy Q1 Profit Down - Quick Facts

(RTTNews) - Helen of Troy Ltd (HELE), Tuesday reported first-quarter net income of $14.4 million or $0.45 per share, compared to net income of $23.5 million or $0.74 per share last year.

Adjusted net income was $26.4 million or $0.82 per share for the quarter. On average, four analysts polled by Thomson Reuters expect earnings of $0.71 per share for the quarter. Analysts' estimates typically exclude special items.

Net revenues for the quarter grew 1.4 percent to $304.5 million from $300.2 million last year. Analysts estimated revenues of $301.50 million for the quarter.

For the fiscal year 2014, the company expects earnings of $3.13 to $3.23 per share, adjusted earnings of $3.50 to $3.60 per share and net revenues of $1.29 billion to $1.32 billion. Analysts currently estimate earnings of $3.53 per share on revenues of $1.30 billion for the year.