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

Helios Technologies

27/02/2023 23:00

* Helios Technologies Inc  HLIO.N  reported quarterly
adjusted
earnings of 78 cents​​ per share for the quarter ended in
December. The mean expectation of four analysts for the quarter
was for earnings of 75 cents per share.
    * Revenue fell 10% to $196.00 million from a year ago;
analysts
expected $208.67 million. 
    * Helios Technologies Inc's reported EPS for the quarter was
54
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Helios Technologies Inc shares had risen by 21.2% this
quarter.
    * The company reported quarterly net income of $17.5
million.
    * Wall Street's median 12-month price target for Helios
Technologies Inc is $70.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
27 at 11:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.75           0.78           Beat
 Sep. 30 2022      0.99           0.90           Missed
 Jun. 30 2022      1.17           1.18           Beat
 Mar. 31 2022      0.96           1.18           Beat