Heico (HEI) is expected to report earnings on Feb. 27. It's now trading right around the 81.22 buy point from a first-stage flat base that it cleared earlier.
X Understand that buying a stock close to earnings is risky, since an EPS or sales miss could send it sharply lower. You can reduce your exposure by waiting to see how the company reports and how the market reacts.
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Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 19%, compared to 8% in the prior report. Revenue increased from 10% to 16%.
Analysts are looking for earnings-per-share growth of 11% for the quarter, and 17% growth for the full year. Annual earnings-per-share estimates were recently revised upward.
Heico has a 99 Composite Rating and earns the No. 1 rank among its peers in the Aerospace/Defense industry group. Heico (HEIA) and Teledyne Technologies (TDY) are also among the group's highest-rated stocks.
Note: Dates for earnings reports are subject to change. Check the company's website for any updates.
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