Helios Technologies Inc reports results for the quarter ended December 31 - Earnings Summary

Helios Technologies

24/02/2025 22:02

* Helios Technologies Inc  HLIO.N  reported quarterly
adjusted
earnings of 33 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 38 cents.  The mean expectation of five analysts
for the quarter was for earnings of 34 cents per share. Wall
Street expected results to range from 29 cents to 39 cents per
share.
    * Revenue fell 7.2% to $179.50 million from a year ago;
analysts
expected $176.10 million. 
    * Helios Technologies Inc's reported EPS for the quarter was
14
cents​.
    * The company reported quarterly net income of $4.8 million.
    * Helios Technologies Inc shares had fallen by 13.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Helios
Technologies Inc is $59.00 
This summary was machine generated from LSEG data February 24 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.34           0.33           Missed
 Sep. 30 2024      0.54           0.59           Beat
 Jun. 30 2024      0.62           0.64           Beat
 Mar. 31 2024      0.44           0.53           Beat