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

Helios Technologies

08/05/2023 23:38

* Helios Technologies Inc  HLIO.N  reported quarterly
adjusted
earnings of 72 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 77 cents per share.
    * Revenue fell 11.4% to $213.20 million from a year ago;
analysts
expected $205.80 million. 
    * Helios Technologies Inc's reported EPS for the quarter was
42
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.6%
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 fallen by 5.3% this
quarter and gained 13.8% so far this year.
    * The company reported quarterly net income of $13.9
million.
    * Wall Street's median 12-month price target for Helios
Technologies Inc is $78.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
8 at 10:37 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.77           0.72           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