Ahead of Heico (HEI) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Core Insights - Heico Corporation (HEI) is expected to report quarterly earnings of $1.20 per share, reflecting a 21.2% increase year-over-year, with revenues projected at $1.15 billion, a 13.6% increase compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate for the quarter has been revised upward by 0.2% in the last 30 days, indicating a reassessment by covering analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3]. Revenue and Income Projections - Analysts forecast 'Net Sales- Electronic Technologies Group (ETG)' to reach $362.05 million, representing a year-over-year increase of 7.7% [5]. - The 'Net Sales- Flight Support Group (FSG)' is estimated at $797.43 million, indicating a 15.3% increase from the prior-year quarter [5]. - 'Operating income- Flight Support Group' is projected to be $185.86 million, up from $154.51 million in the same quarter last year [5]. - 'Operating income- Electronic Technologies Group' is expected to reach $88.98 million, compared to $81.81 million in the same quarter of the previous year [6]. Market Performance - Heico shares have shown a return of -1% over the past month, while the Zacks S&P 500 composite has changed by -0.2% [6]. - With a Zacks Rank 2 (Buy), HEI is anticipated to outperform the overall market in the near future [6].