Helen of Troy Beats Estimates; Analysts Take Note of CAVA Group
- July 10th, 2023
- 354 views
Helen of Troy Limited (Nasdaq: HELE) reported first-quarter fiscal 2024 adjusted earnings per share (EPS) of $1.94, surpassing the consensus estimate of $1.60.
Looking ahead, for the full-year fiscal 2024, the company expects adjusted EPS to fall within the range of $8.50 to $9.00. This outlook exceeds the consensus estimate of $8.49 for the period.
$HELE is currently trading at $121.00 in pre-market, experiencing an increase of $8.46 (+7.52%).
In other news, CAVA Group, Inc. (NYSE: CAVA), a leading fast-casual restaurant chain known for its Mediterranean-inspired cuisine, received positive coverage from multiple financial firms.
JP Morgan initiated coverage on the company with an Overweight rating and a price target of $45, while both Stifel and Jefferies initiated CAVA with a Buy rating and a price target of $48.
In pre-market, $CAVA is currently trading at $40.27, up $0.65 (1.64%)
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