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

The upcoming report from Heico Corporation (HEI) is expected to reveal quarterly earnings of $1.20 per share, indicating an increase of 21.2% compared to the year-ago period. Analysts forecast revenues of $1.15 billion, representing an increase of 13.6% year over year.The consensus EPS estimate for the quarter has undergone an upward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.Given this perspective, it's time to examine the average forecasts of specific Heico metrics that are routinely monitored and predicted by Wall Street analysts.Analysts forecast 'Net Sales- Electronic Technologies Group (ETG)' to reach $362.05 million. The estimate indicates a year-over-year change of +7.7%.The average prediction of analysts places 'Net Sales- Flight Support Group (FSG)' at $797.43 million. The estimate indicates a change of +15.3% from the prior-year quarter.It is projected by analysts that the 'Operating income- Flight Support Group' will reach $185.86 million. The estimate is in contrast to the year-ago figure of $154.51 million.Analysts predict that the 'Operating income- Electronic Technologies Group' will reach $88.98 million. Compared to the current estimate, the company reported $81.81 million in the same quarter of the previous year. View all Key Company Metrics for Heico here>>> Shares of Heico have demonstrated returns of -1% over the past month compared to the Zacks S&P 500 composite's -0.2% change. With a Zacks Rank #2 (Buy), HEI is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They includeStock #1: A Disruptive Force with Notable Growth and ResilienceStock #2: Bullish Signs Signaling to Buy the DipStock #3: One of the Most Compelling Investments in the MarketStock #4: Leader In a Red-Hot Industry Poised for GrowthStock #5: Modern Omni-Channel Platform Coiled to SpringMost of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Heico Corporation (HEI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks