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Benzinga
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Heico Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. HEI's Q3 earnings projected at $1.14, up from 97 cents last year. 2. Revenue expected to reach $1.12 billion, compared to $992.25 million prior. 3. Recent acquisition of Gables Engineering could enhance HEI's growth prospects. 4. Analysts remain positive, raising price targets for HEI shares significantly. 5. HEI shares increased by 0.6%, closing at $309.59.

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FAQ

Why Bullish?

Higher earnings and revenue forecasts generally indicate strong performance. Increased price targets from multiple analysts suggest growing confidence in HEI’s future.

How important is it?

The earnings report and analyst ratings significantly influence investor sentiment around HEI. Steady revenue growth and strategic acquisitions contribute to firm's positive outlook.

Why Short Term?

Upcoming earnings announcement could lead to immediate market reactions. Analysts' upgraded price targets reflect expectations of a positive performance shortly.

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