Heico Earnings Preview
Portfolio Pulse from Benzinga Insights
Heico (NYSE:HEI) is scheduled to release its quarterly earnings report on February 26, 2024, with analysts expecting an EPS of $0.74. Historical data shows mixed reactions to past earnings, with a slight increase in share price following the last quarter's beat. Shares have risen 14.06% over the past year, indicating a positive outlook among long-term investors.
February 23, 2024 | 5:00 pm
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Heico is expected to report an EPS of $0.74 for the upcoming quarter. Historical performance shows a mixed reaction to earnings announcements, with a recent positive trend in stock price.
Given Heico's history of beating EPS estimates and the positive trend in its stock price over the past year, the upcoming earnings report is likely to have a positive short-term impact. However, the market's focus on guidance rather than just beating or missing estimates adds uncertainty.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100