Heico: Q1 Earnings Insights

Heico HEI reported its Q1 earnings results on Monday, February 26, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Heico beat estimated earnings by 11.0%, reporting an EPS of $0.82 versus an estimate of $0.74.

Revenue was up $275.45 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 0.0% increase in the share price the next day.

Here's a look at Heico's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.69 0.72 0.73 0.69
EPS Actual 0.74 0.74 0.76 0.70
Revenue Estimate 898.25M 701.71M 676.94M 588.75M
Revenue Actual 936.45M 722.90M 687.84M 620.91M

To track all earnings releases for Heico visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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