NYSE:HEI - New York Stock Exchange, Inc. - US4228061093 - Common Stock - Currency: USD
Looking back on aerospace stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including HEICO (NYSE:HEI) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Textron (NYSE:TXT) and the best and worst performers in the aerospace industry.
Micron, Vertex, Novo Nordisk and Nike were notable losers on news.
HEICO produced mixed results that included a wider margin and better-than-expected earnings. The shares are down following the report setting up an entry point.
Aerospace and defense company HEICO (NSYE:HEI) fell short of the market’s revenue expectations in Q3 CY2024, but sales rose 8.2% year on year to $1.01 billion. Its GAAP profit of $0.99 per share was 1.3% above analysts’ consensus estimates.
Analsyts expect the Heico earnings report to show robust but decelerating growth on the top line.
FedEx and Nike report after the Fed's final meeting of 2024. S&P 500 estimates for 2025, and how analysts nearly always undershoot.
Business leaders warn of risks from inflationary tariffs and potential budget cuts at Goldman Sachs' Industrial and Materials conference.
On Thursday, defense and security CAE stock earned an upgrade to its Relative Strength (RS) Rating, from 78 to 82.
The major indexes retreated, with Treasury yields climbing to four-month highs.
Insiders are buying these stocks and signaling a shift in the winds that can drive their stocks higher in 2025. Which one is right for your portfolio?