Save the date! Monday 5th August 2024, is when Helios Technologies (NYSE: HLIO) will be sharing its eagerly awaited second quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled after market close.
Wall Street financial experts are forecasting that the organization will announce an expected $0.61 profit per share for the quarter. Moreover, the firm is anticipated to disclose a total revenue of $215.42 million for this specific period.
According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $844.75 million. Additionally, they forecast the earnings per share to hit profit of $2.44 for the fiscal year.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $0.81. Notably, the company's total revenue reached an impressive $227.6 million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $0.53 | -26.4% | 212.00 M | -0.6% |
| Q4 2023 | $0.38 | -51.3% | 193.40 M | -1.3% |
| Q3 2023 | $0.44 | -51.1% | 201.40 M | -2.8% |
| Q2 2023 | $0.81 | -31.4% | 227.60 M | -5.8% |
*Growth on year-over-year basis
For the full year, the street estimates suggest a top line of $844.75 million complemented with a bottom line profit of $2.44 per share, Where as HLIO has issued a promising revenue forecast for 2024 with a range ranging from $840.00 to $860.00 million and projected earnings $2.35 – $2.75 profit per share.
Additionally, The company will host a conference call with investors and analysts on 6th August 2024 at 09:00 AM eastern time to review the Q2 2024 financial results.
Helios Technologies (HLIO) closed Friday's regular trading session at $41.91, showing a 4.01 percent downfall. The stock fluctuated between $41.25 and $42.37 during the day, with a volume of 127.40 thousand shares.
