Helios Technologies (HLIO) Beats Q1 Earnings and Revenue Estimates

Helios Technologies (HLIO) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of$ 0.45 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.78%. A quarter ago, it was expected that this maker of screw-in hydraulic cartridge valves and manifolds would post earnings of$ 0.25 per share when it actually produced earnings of $0.38, delivering a surpr ...