Heico (NYSE:HEI) reported its Q2 earnings results on Monday, May 22, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Heico beat estimated earnings by 4.11%, reporting an EPS of $0.76 versus an estimate of $0.73.
Revenue was up $149.03 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 5.21% drop in the share price the next day.
Here’s a look at Heico’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.69 | 0.69 | 0.66 | 0.61 |
| EPS Actual | 0.70 | 0.70 | 0.60 | 0.62 |
| Revenue Estimate | 588.75M | 602.20M | 553.72M | 531.43M |
| Revenue Actual | 620.91M | 609.64M | 569.53M | 538.81M |
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.
