Heico Earnings Preview
Portfolio Pulse from Benzinga Insights
Heico (NYSE:HEI) is scheduled to release its quarterly earnings report on Monday, 2023-12-18, with analysts expecting an EPS of $0.69. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Heico's stock price has shown mixed reactions to earnings reports, with the last quarter's beat resulting in a 1.39% drop in share price. Over the past 52 weeks, HEI shares have increased by 21.49%, indicating a generally positive trend for long-term shareholders.
December 15, 2023 | 2:00 pm
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Heico is expected to report an EPS of $0.69 in its upcoming earnings. Historical data shows varied stock price reactions post-earnings, with a 1.39% drop after last quarter's beat. Shares have risen 21.49% over the last year, indicating a positive sentiment among long-term investors.
The expected EPS is in line with previous quarters, and while the company has a history of beating estimates, the stock price reaction has been mixed. The positive long-term trend may mitigate negative short-term reactions, but caution is advised due to historical post-earnings volatility.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100