Get ready to mark your calendars because the much anticipated third quarter financial results of Heico (NYSE: HEI) are set to be unveiled on Monday 26th August 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled after market close.
As per the projections made by financial experts on Wall Street, the business is expected to announce an estimated $0.92 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $994.78 million.
Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $3.89 billion. Additionally, they expect the company to report per share profit of $3.59 for the fiscal year.
When looking back at the corresponding quarter from the previous year, the company's earnings report showcased a per-share income of $0.74. This was attributed to the company's total revenue, which amounted to an impressive $722.9 million during that same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q2 2024 | $0.88 | +15.8% | 955.40 M | +38.9% |
| Q1 2024 | $0.82 | +17.1% | 896.36 M | +44.4% |
| Q4 2023 | $0.74 | +5.7% | 936.45 M | +53.6% |
| Q3 2023 | $0.74 | +23.3% | 722.90 M | +26.9% |
*Growth on year-over-year basis
The business has scheduled a conference call on 27th August 2024 at 09:00 AM eastern time to discuss Q3 financial results.
Heico (HEI) closed Friday's regular trading session at $246.72, demonstrating a 0.26 percent rise, with a volume of 384.80 thousand shares.
