For the quarter ended October 2024, Heico Company (HEI) reported income of $1.01 billion, up 8.3% over the identical interval final 12 months. EPS got here in at $0.99, in comparison with $0.84 within the year-ago quarter.
The reported income represents a shock of -2.53% over the Zacks Consensus Estimate of $1.04 billion. With the consensus EPS estimate being $0.97, the EPS shock was +2.06%.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics at all times supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers undertaking a inventory’s value efficiency extra precisely.
Right here is how Heico carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Web Gross sales- Digital Applied sciences Group (ETG): $336.23 million versus the four-analyst common estimate of $351.51 million. The reported quantity represents a year-over-year change of -1.8%.
- Web Gross sales- Flight Help Group (FSG): $691.78 million in comparison with the $701.75 million common estimate primarily based on 4 analysts. The reported quantity represents a change of +15% 12 months over 12 months.
- Web Gross sales- Company & Intersegment: -$14.35 million versus the three-analyst common estimate of -$10.48 million. The reported quantity represents a year-over-year change of +85%.
- Working income- Flight Help Group: $154.51 million versus $159.48 million estimated by three analysts on common.
- Working income- Different, primarily company: -$17.68 million in comparison with the -$14.97 million common estimate primarily based on three analysts.
- Working income- Digital Applied sciences Group: $81.81 million versus the three-analyst common estimate of $86.26 million.
View all Key Company Metrics for Heico here>>>
Shares of Heico have returned -2.5% over the previous month versus the Zacks S&P 500 composite’s +3.6% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it may carry out according to the broader market within the close to time period.
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Heico Corporation (HEI) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
