Heico Corp Reports Results For The Quarter Ended In October: Earnings Summary

Heico

19/12/2022 22:01

* HEICO Corp  HEI.N  reported quarterly adjusted earnings of
70
cents​​ per share for the quarter ended in October. The mean
expectation of fifteen analysts for the quarter was for earnings
of 69 cents per share.
    * Revenue rose 19.7% to $609.64 million from a year ago;
analysts
expected $601.91 million. 
    * HEICO Corp's reported EPS for the quarter was 70 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * HEICO Corp shares had risen by 5.5% this quarter and
gained 5.3%
so far this year.
    * The company reported quarterly net income of $97.2
million.
    * Wall Street's median 12-month price target for HEICO Corp
is
$165.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data December
19 at 10:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2022      0.69           0.70           Beat
 Jul. 31 2022      0.66           0.60           Missed
 Apr. 30 2022      0.61           0.62           Beat
 Jan. 31 2022      0.60           0.63           Beat