logo-loader

Small-Cap Snapshot: Helen of Troy Ltd drops after reporting decline in quarterly profit

Tactile Systems advanced after saying it expected quarterly revenue growth of 30% to 32% from a year earlier

Helen of Troy products
Consolidated net sales revenue for Helen of Troy rose 2.4%.

Helen of Troy Ltd (NASDAQ:HELE) sank after reporting quarterly non-GAAP adjusted operating income declined 8.9% to $70.6 million, from $77.6 million a year earlier. The El Paso, Texas-based purveyor of consumer products said that non-GAAP adjusted diluted earnings per share from continuing operations slipped 4% to $2.40, compared with $2.50 a year earlier. Consolidated net sales revenue rose 2.4%.

The stock was down $16.47, or 12%, to $116.51.

READ: Shares of Helen of Troy climb after fiscal 2Q earnings beat Street on strong revenue

AZZ Inc (NYSE: AZZ) gained after the Fort Worth, Texas, provider of metal-coatings services reported earnings per share of $0.59 during its third quarter, compared with a loss of $0.01 a year earlier. The company said bookings of $211.3 million were up 17.5% from a year earlier, resulting in a backlog of $307.8 million. That was up 8.7%.

The stock advanced $1.80, or 4.3%, to $43.25.

Jagged Peak Energy Inc (NYSE:JAG) climbed a day after BMO Capital reiterated a Buy rating with a price target of $13. The Denver-based oil and gas drilling company focuses on acquiring and developing oil and liquids-rich natural gas reserves in the Southern Delaware Basin, a sub-basin of the Permian Basin of western Texas. 

Shares gained $0.11, or 1.1%, to $10.32.

Tactile Systems Technology Inc (NASDAQ:TCMD) rose after reporting that fourth-quarter total revenue is expected to be $45.5 million to $46 million, representing growth of 30% to 32% year-over-year. The Minneapolis-based developer of at-home therapy devices for chronic swelling said annual total revenue is forecast to be $142.8 million to $143.3 million, up 31%.

The stock gained $11.92, or 25%, to $59.27.

The Russell 2000 index of small-cap stocks climbed 1.2% to 1,422.59 on Tuesday.

Contact Dennis Fitzgerald at [email protected]

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Arcadia Biosciences makes major progress on its hemp venture...

Arcadia Biosciences Inc (NASDAQ:RKDA) CEO Raj Ketkar tells Proactive the California-based company expects to “significantly scale revenues in 2020” as it reported financial and business results for the second quarter and first half of 2019. Ketkar says the agricultural innovation company made...

2 days, 8 hours ago

2 min read