Heico Corp Expected To Post Earnings Of 66 Cents A Share: Earnings Preview

Heico

26/08/2022 21:02

* HEICO Corp  HEI.N   HEI  is expected to show a rise in
quarterly
revenue when it reports  results on August 29. 
    * The Hollywood Florida-based  company is expected to report
 a
17.4% increase in revenue to $553.717 million from $471.71
million a year ago, according to the mean estimate from 12
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for HEICO Corp is for
earnings of 66 cents per share. For the same quarter last year,
the company reported earnings of 56 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for HEICO Corp
is
$160​, below​ its last closing price of $162.58. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Apr. 30 2022  0.62        0.61       0.62      Beat    1.1
 Jan. 31 2022  0.60        0.60       0.63      Beat    5
 Oct. 31 2021  0.59        0.58       0.62      Beat    6.1​
 Jul. 31 2021  0.55        0.55       0.56      Beat    2
 ​​Apr.        0.49        0.48       0.51      Beat    6.4
 30 2021                                                
 Jan. 31 2021  0.48        0.48       0.51      Beat    5.9​
 Oct. 31 2020  0.40        0.41       0.45      Beat    9.3
 Jul. 31 2020  0.32        0.32       0.40      Beat    26.6
 This summary was machine generated August 26 at 20:02 GMT.  All
figures in US dollars  unless otherwise stated