Heico Q2 2024 GAAP EPS $0.88 Beats $0.81 Estimate, Sales $955.395M Beat $951.206M Estimate
Portfolio Pulse from Benzinga Newsdesk
Heico (NYSE:HEI) reported Q2 2024 GAAP EPS of $0.88, beating the $0.81 estimate. Sales were $955.395M, surpassing the $951.206M estimate and marking a 38.90% increase from the same period last year.
May 28, 2024 | 8:25 pm
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Heico reported strong Q2 2024 earnings with GAAP EPS of $0.88, beating estimates by 8.64%. Sales also exceeded expectations, reaching $955.395M, a 38.90% increase YoY.
Heico's Q2 2024 earnings report shows significant growth in both EPS and sales, surpassing analyst estimates. This positive performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100