Heico (NYSE: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.