Heico Corp Expected To Post Earnings Of 68 Cents A Share: Earnings Preview

Heico

15/12/2023 21:02

* HEICO Corp  HEI.N   HEI  is expected to show a rise in
quarterly
revenue when it reports  results on December 18 for the period
ending July 31 2023
    * The Hollywood Florida-based  company is expected to report
a
47.3% increase in revenue to $898.248 million from $609.64
million a year ago, according to the mean estimate from 14
analysts, based on LSEG data. (Majority is on Net Sales)
    * ​LSEG's mean analyst estimate for HEICO Corp is for
earnings of
68 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 4
"hold" and 1 "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
$200.00​, above​ its last closing price of $183.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2023  0.72        0.73       0.77      Beat    6.2
 Apr. 30 2023  0.72        0.73       0.76      Beat    4.2
 Jan. 31 2023  0.68        0.69       0.67      Missed  -2.7​
 Oct. 31 2022  0.69        0.69       0.70      Beat    1.2
 ​​Jul.        0.66        0.66       0.60      Missed  -8.7
 31 2022                                                
 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
 This summary was machine generated December 15 at 21:02 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)