Earnings In Focus: Jan. 8 (SHLM, HELE)

(RTTNews) - A. Schulman Inc. (SHLM) is due to release its Q1 results after the bell today, with analysts polled by Thomson Reuters estimating earnings of $0.44 per share and revenue of $639.1 million.

A. Schulman believes that Hurricane Harvey had minimal property damage to its three facilities in the Houston area. However, it temporarily impacted the company's raw material supply and product shipments, primarily in the first quarter of fiscal 2018. The company said it has enhanced its sales resources and improved its pricing processes to drive improving operational and financial performance in fiscal 2018 and beyond.

Year-Ago Numbers:

* GAAP Net Income - $1.1 Mln * GAAP EPS - $0.04 * Adj. Net Income - $14.4 Mln * Adj. EPS - $0.49 * Net Sales - $600 Mln.

FY18 Outlook:

* Projects adj. EPS in the range of $2.00 - $2.20, mid-point of EPS range represents 20% increase; Consensus - $2.09/Shr.

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Helen of Troy Ltd. (HELE) is slated to announce its Q3 financial results before the bell today. Analysts are looking for earnings of $2.12 per share on revenue of $455.15 million for the quarter.

Year-Ago Numbers:

* GAAP Net Income - $57.6 Mln * GAAP EPS - $2.07 * Adj. Net Income - $66.0 Mln * Adj. EPS - $2.37 * Net Sales - $444.4 Mln.

FY18 Guidance:

* Updates 2018 GAAP EPS Outlook to $4.01 - $4.34. * Reiterates non-GAAP Adj. EPS Outlook of $6.50 - $6.90; Consensus - $6.72/Shr. * Updates FY18 Net Sales Outlook to $1.560 bln - $1.585 bln, Growth of 1.5% - 3.1%; Consensus - $1.58 Bln.

Dec. 21, Helen of Troy said it sold Healthy Directions LLC and subsidiaries, which make up its Nutritional Supplements segment, to Direct Digital LLC. Proceeds from the sale encompassed $46 million in cash and a supplemental payment with a target value of $25 million, payable on or before August 1, 2019.

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