Heico Corp Expected To Post Earnings Of 73 Cents A Share: Earnings Preview

Heico

19/05/2023 21:02

* HEICO Corp  HEI.N   HEI  is expected to show a rise in
quarterly
revenue when it reports  results on May 22. 
    * The Hollywood Florida-based  company is expected to report
 a
25.6% increase in revenue to $676.942 million from $538.81
million a year ago, according to the mean estimate from 11
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for HEICO Corp is for
earnings of 73 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months. ​
    * Wall Street's median 12-month price target for HEICO Corp
is
$185.5​, above​ its last closing price of $178.68. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jan. 31 2023  0.68        0.69       0.67      Missed  -2.7
 Oct. 31 2023  0.69        0.69       0.70      Beat    1.2
 Jul. 31 2022  0.66        0.66       0.60      Missed  -8.7​
 Apr. 30 2022  0.62        0.61       0.62      Beat    1.1
 ​​Jan.        0.60        0.60       0.63      Beat    5
 31 2022                                                
 Oct. 31 2021  0.59        0.58       0.62      Beat    6.1​
 Jul. 31 2021  0.55        0.55       0.56      Beat    2
 Apr. 30 2021  0.49        0.48       0.51      Beat    6.4
 This summary was machine generated May 19 at 20:02 GMT.  All
figures in US dollars  unless otherwise stated