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On Tuesday, August 25, Heico (NYSE: HEI) will release its latest earnings report. Check out Benzinga's preview to understand the implications.
Earnings and Revenue
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Analysts covering Heico modeled for quarterly EPS of $0.32 on revenue of $380.43 million . In the same quarter last year, Heico reported EPS of $0.59 on revenue of $532.32 million. The analyst consensus estimate would represent a 45.76% decline in the company's EPS figure. Here's how the Heico's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2020 | Q1 2020 | Q4 2019 | Q3 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.44 | 0.75 | 0.57 | 0.54 |
| EPS Actual | 0.55 | 0.55 | 0.62 | 0.59 |
| Revenue Estimate | 462.86 M | 508.22 M | 529.50 M | 511.08 M |
| Revenue Actual | 468.15 M | 506.27 M | 541.53 M | 532.32 M |
Stock Performance
Over the last 52-week period, shares are down 26.09%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Heico is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://www.heico.com/investors/stock-information/
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.