Core Insights - Heico Corporation (HEI) is expected to report quarterly earnings of 970.82 million, representing an 8.3% increase [1] Earnings Estimates - The consensus EPS estimate for the quarter has remained unchanged over the past 30 days, indicating analysts have not revised their projections [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue and Sales Projections - Analysts predict 'Net Sales- Electronic Technologies Group (ETG)' will be 684.77 million, indicating a year-over-year increase of 10.7% [5] Operating Income Forecasts - 'Operating income- Flight Support Group' is expected to reach 136.09 million in the same quarter last year [6] - 'Operating income- Electronic Technologies Group' is projected at 55.33 million a year ago [6] Stock Performance - Heico shares have returned -5.5% over the past month, contrasting with the Zacks S&P 500 composite's +2.2% change, and the company holds a Zacks Rank 3 (Hold), suggesting it will likely mirror overall market performance in the near future [6]
Countdown to Heico (HEI) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS