Heico (HEI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
KeyBanc initiated coverage of Heico with a Sector Weight rating.
Shares of Heico (HEI) tumbled Wednesday, a day after the aircraft parts and electronic equipment provider backed by billionaire investor Warren Buffett reported weaker-than-expected fourth-quarter sales as demand for defense products slid.
While the top- and bottom-line numbers for Heico (HEI) give a sense of how the business performed in the quarter ended October 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Heico Corporation (HEI) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.84 per share a year ago.
Analysts expect the Heico earnings report to show robust but decelerating growth on the top line. The post Warren Buffett Defense Pick Heico Eyes A Billion-Dollar Quarter appeared first on Investor's Business Daily.
HEICO Corporation HEI will release its fourth-quarter financial results, after the closing bell, on Tuesday, Dec. 17.
Beyond analysts' top -and-bottom-line estimates for Heico (HEI), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended October 2024.
Heico (HEI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Heico (HEI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.