Heico (NYSE:HEI) reported its Q1 earnings results on Wednesday, February 23, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Heico beat estimated earnings by 3.28%, reporting an EPS of $0.63 versus an estimate of $0.61.
Revenue was up $72.44 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 3.48% drop in the share price the next day.
Here's a look at Heico's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.58 | 0.55 | 0.48 | 0.48 |
| EPS Actual | 0.62 | 0.56 | 0.51 | 0.51 |
| Revenue Estimate | 505.47M | 486.00M | 443.09M | 419.07M |
| Revenue Actual | 509.42M | 471.71M | 466.65M | 417.90M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
