Helios Technologies Inc expected to post earnings of 77  cents a share - Earnings Preview

Helios Technologies

06/05/2023 03:03

* Helios Technologies Inc  HLIO.N   HLIO.K  is expected
to show a
fall in quarterly revenue when it reports  results on May 8. 
    * The Sarasota Florida-based  company is expected to report 
a
14.4% decrease in revenue to $205.797 million from $240.55
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
February 28 2023, for the period ended March 31, was for revenue
between $196.00 million and $208.00 million.
    * ​Refinitiv's mean analyst estimate for Helios Technologies
Inc
is for earnings of 77 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 $78​, above​ its last closing price
of $61.93. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.75        0.75       0.78      Beat    4
 Sep. 30 2022  0.98        0.99       0.90      Missed  -8.9
 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.        0.83        0.83       1.01      Beat    21.7
 31 2021                                                
 Sep. 30 2021  0.80        0.80       1.07      Beat    33.8​
 Jun. 30 2021  0.86        0.86       1.20      Beat    39.5
 Mar. 31 2021  0.72        0.71       0.99      Beat    39.4
 This summary was machine generated May 6 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated