Heico Corp Expected To Post Earnings Of 92 Cents A Share: Earnings Preview

Heico

23/08/2024 21:03

* HEICO Corp  HEI.N   HEI  is expected to show a rise in
quarterly
revenue when it reports  results on August 26 for the period
ending July 31 2024
    * The Hollywood Florida-based  company is expected to report
a
37.6% increase in revenue to $994.784 million from $722.9
million a year ago, according to the mean estimate from 14
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for HEICO Corp is for
earnings of
92 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 5
"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
$245.00​, below​ its last closing price of $246.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  0.80        0.81       0.88      Beat    9
 Jan. 1 2024   0.74        0.74       0.82      Beat    10.9
 Oct. 31 2023  0.70        0.70       0.74      Beat    6.1​
 Jul. 31 2023  0.72        0.73       0.77      Beat    6.2
 ​​Apr.        0.72        0.73       0.76      Beat    4.2
 30 2023                                                
 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
 This summary was machine generated August 23 at 20:03 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)