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

Helios Technologies

26/02/2024 23:28

* Helios Technologies Inc  HLIO.N  reported quarterly
adjusted
earnings of 38 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 78 cents.  The mean expectation of
five analysts for the quarter was for earnings of 27 cents per
share. Wall Street expected results to range from 20 cents to 34
cents per share.
    * Revenue fell 1.3% to $193.40 million from a year ago;
analysts
expected $183.35 million. 
    * Helios Technologies Inc's reported EPS for the quarter was
10
cents​.
    * The company reported quarterly net income of $3.3 million.
    * Helios Technologies Inc shares had fallen by 3.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "strong buy"

Wall Street's median 12-month price target for Helios
Technologies Inc is $58.00 
This summary was machine generated from LSEG data February 26 at
11:28 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 2023      0.27           0.38           Beat
 Sep. 30 2023      0.70           0.44           Missed
 Jun. 30 2023      0.84           0.81           Missed
 Mar. 31 2023      0.77           0.72           Missed