Heico Corporation (HEI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
HEIHEICO (HEI) Zacks Investment Research·2024-02-27 08:30

For the quarter ended January 2024, Heico Corporation (HEI) reported revenue of 896.36million,up44.4896.36 million, up 44.4% over the same period last year. EPS came in at 0.82, compared to 0.67intheyear−agoquarter.Thereportedrevenuerepresentsasurpriseof+2.400.67 in the year-ago quarter. The reported revenue represents a surprise of +2.40% over the Zacks Consensus Estimate of 875.38 million. With the consensus EPS estimate being $0.73, the EPS surprise was +12.33%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to de ...