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

Heico

25/08/2023 21:03

* HEICO Corp  HEI.N   HEI  is expected to show a rise in
quarterly
revenue when it reports  results on August 28. 
    * The Hollywood Florida-based  company is expected to report
 a
23.2% increase in revenue to $701.711 million from $569.53
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 10 "strong buy" or "buy," 6
"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
$186​, above​ its last closing price of $165.12. ​​​

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 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. 31 2022  0.66        0.66       0.60      Missed  -8.7
 ​​Apr.        0.62        0.61       0.62      Beat    1.1
 30 2022                                                
 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
 This summary was machine generated August 25 at 20:03 GMT.  All
figures in US dollars  unless otherwise stated