Helen of Troy Limited First Quarter Earnings Sneak Peek

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Helen of Troy Limited (NASDAQ:HELE) will unveil its latest earnings on Tuesday, July 10, 2012. Helen of Troy is a global designer, developer, importer, and distributor of a portfolio of brand-name consumer products.

Helen of Troy Limited Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for net income of 88 cents per share, a rise of 12.8% from the company’s actual earnings for the year-ago quarter. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. For the year, analysts are projecting profit of $3.90 per share, a rise of 12.1% from last year.

Past Earnings Performance: The company is looking to make a streak of three quarters of beating estimates. Last quarter, it beat expectations by reporting net income of 92 cents per share, and the previous quarter, it had profit of $1.04.

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A Look Back: In the fourth quarter of the last fiscal year, profit rose 20.2% to $29.3 million (92 cents a share) from $24.4 million (78 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 24% to $294 million from $237.1 million.

Stock Price Performance: From June 5, 2012 to July 3, 2012, the stock price rose $3.60 (11.7%), from $30.85 to $34.45. The stock price saw one of its best stretches over the last year between December 19, 2011 and December 27, 2011, when shares rose for six straight days, increasing 8.7% (+$2.48) over that span. It saw one of its worst periods between February 3, 2012 and February 10, 2012 when shares fell for six straight days, dropping 3.5% (-$1.20) over that span.

Wall St. Revenue Expectations: Analysts are projecting a rise of 10.2% in revenue from the year-earlier quarter to $299.1 million.

Key Stats:

With double-digit revenue growth the past four quarters, this earnings release is a chance to keep that positive trend going. The company has averaged year-over-year revenue growth of 54.4% over the last four quarters.

This upcoming earnings announcement will be a chance to build on positive earnings momentum over the last three quarters. Net income rose 0.5% in the second quarter of the last fiscal year and 21.5% in the third quarter of the last fiscal year before increasing again in the fourth quarter of the last fiscal year.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 1.29 last quarter. The current ratio is an indication of a firm’s liquidity and ability to meet creditor demands and generally, for every dollar the company owes in the short term, it has that figure available in assets that can be converted to cash in the short term. The company regressed in this liquidity measure from 1.74 in the third quarter of the last fiscal year to the last quarter driven in part by an increase in liabilities. Current liabilities increased 21.8% to $378.9 million while assets decreased 9.6% to $488.5 million.

Competitors to Watch: Deer Consumer Products, Inc., Jarden Corporation, Procter & Gamble, Church & Dwight Co., Inc., Colgate-Palmolive, Clorox, Kimberly-Clark, Johnson & Johnson, Teva Pharmaceutical Inds, CCA Industries, Inc., and Zep, Inc.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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