Helios Technologies Inc expected to post earnings of 27 cents a share - Earnings Preview

Helios Technologies

24/02/2024 03:05

* Helios Technologies Inc  HLIO.N   HLIO.K  is expected
to show a
fall in quarterly revenue when it reports  results on February
26 for the period ending December 31 2023
    * The Sarasota Florida-based  company is expected to report
a
6.5% decrease in revenue to $183.35 million from $196 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.The company's guidance on November 3 2023, for the
period ended December 31, was for revenue between $178.00
million and $193.00 million.
    * ​LSEG's mean analyst estimate for Helios Technologies Inc
is for
earnings of 27 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," no "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 Helios
Technologies Inc is $58.00​, above​ its last closing price
of $43.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.72        0.70       0.44      Missed  -37.5
 Jun. 30 2023  0.84        0.84       0.81      Missed  -3.6
 Mar. 31 2023  0.77        0.77       0.72      Missed  -6.2​
 Dec. 31 2022  0.75        0.75       0.78      Beat    4
 ​​Sep.        0.98        0.99       0.90      Missed  -8.9
 30 2022                                                
 Jun. 30 2022  1.17        1.17       1.18      Beat    1.2​
 Mar. 31 2022  0.96        0.96       1.18      Beat    22.4
 Dec. 31 2021  0.83        0.83       1.01      Beat    21.7
 This summary was machine generated February 24 at 03:05 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)